Zhongtai Securities released a research report on April 15 stating that it gave Bank of Beijing (601169.SH) an increase in holdings rating. The main reasons for the rating include: 1) 4Q23 net interest income fell 1.2% month-on-month; 2) asset liability growth rate and structure: loan manufacturing, infrastructure, and consumer loans grew better; deposit size was generally stable; 3) net non-interest income processing fees were under pressure, and non-interest growth was mainly due to other non-interest income contributions; 4) the non-performing rate continued to improve, and bad generation and interest rates rose slightly. (Mainichi Keizai Shimbun)