中国银行业-人民币贷款疲软，个人存款显著增加；是时候重新审视具有防御性的中资银行股了吗-China bank pulse monthly – weak RMB loans, retail deposits increased notably; is it time to revisit defensive China bank stocks_

ab 16 October 2025 Global Research China Banks China bank pulse monthly – weak RMB loans, retail deposits increased notably; is it time to revisit defensive China bank stocks? Both H and A-share China banks underperformed The MSCI China Banks Index was -4.1% in the past month, underperforming the MSCI China Index (-2.5%). Among our H-share coverage, CQRCB-H was the best performer (+5.4% MoM) and PSBC-H was the laggard (-9.1%). For A-share banks, the sector index was -1.6% in the past month, underperforming ...