A · Important
[The banking sector bucked the trend and strengthened, and Shanghai Rural Commercial Bank rose more than 4%] On November 6, the banking sector bucked the trend and strengthened, with Shanghai Rural Commercial Bank rising more than 4%. China Construction Bank, Bank of Suzhou, Bank of Nanjing, Bank of Jiangsu, and Shanghai Pudong Development Bank were among the top gainers. On the news, data showed that the total net profit attributable to shareholders of 42 listed banks in the first three quarters increased by 3.78% year-on-year, and 34 of them (accounting for more than 80%) achieved positive profit growth. The overall profitability of the industry remains stable.
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