China Construction Bank Corp

XMUN:C6T

Growth: CCB reported first-half operating income of CNY 426 billion, up 10.48% year over year, while net profit rose 5.56% to CNY 171 billion.

NIM: Net interest margin was 1.37%, supported by active asset and liability management, lower funding costs and a greater focus on higher-yield assets.

Fees: Non-interest income increased 16.31%, helped by wealth management, custody, payments, cards and broader capital-markets services.

Asset quality: The NPL ratio improved to 1.29%, while provision coverage rose to 238.9%, though management acknowledged ongoing pressure in China’s consumer and retail markets.

Capital: Capital adequacy remained strong at 19.42%; CCB proposed an interim dividend of RMB 2.01 per 10 shares, raising the payout ratio from 30% to 31%.

Strategic focus: Management will continue directing lending toward technology, green finance, manufacturing, private businesses, consumption, housing and cross-border activity.

AI rollout: CCB has deployed AI in more than 600 scenarios, including customer service, lending, risk management and employee operations, with compliance and safety controls built into the process.