During the 2026 interim results conference held on August 27, CITIC Bank Vice President Zhao Yuanxin stated that fee-based income is expected to maintain a steady improvement trend in the second half of the year. Zhao emphasized the importance of focusing on three key growth drivers to capitalize on current market conditions.
The first driver involves leveraging the ongoing positive momentum in the capital markets to facilitate the reallocation of household wealth. The bank plans to develop multi-asset and multi-strategy products, enhance precious metals allocation for high-net-worth clients, and improve its ability to understand customer needs while boosting product matching efficiency. These efforts are aimed at driving stable growth in income from wealth management, distribution services, and custody operations.
The second growth point centers on seizing opportunities arising from the deepening transformation of the economic structure. CITIC Bank intends to align closely with major national investment initiatives and actively participate in various credit deployments. Around capital market activities and industry chain integration, the bank will develop its M&A loan business while leveraging industrial finance to strengthen comprehensive services for advanced manufacturing sectors.
The third opportunity lies in the steady advancement of RMB internationalization. The bank plans to expand cross-border settlement volumes, enhance its professional foreign exchange service capabilities, and increase marketing efforts for cross-border syndicated loans and cross-border M&A transactions to meet corporate overseas financing needs. Additionally, it will broaden cross-border asset allocation options for both corporate and retail clients, offering multi-currency, multi-scheme, and multi-market investment solutions to drive growth in fee income related to cross-border operations.
Zhao Yuanxin indicated that going forward, the bank will persist in building its systems and capabilities, transitioning fee income from single-point breakthroughs to diversified support, and evolving from opportunity-driven growth to capability-driven development. This approach aims to transform periodic revenue gains into sustainable long-term development momentum.
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