On July 30, GeLongHui stated that the revenue of listed banks in the second quarter is expected to decrease by 2% year-on-year, with net profit remaining flat with the same period of last year and still relatively stable. This was mainly due to measures such as prohibiting manual interest payments and deposit cost control promote improvement of liability costs. The bank stated that in the future it will continue to focus on the stability of credit demand and net interest margin. Pressure on asset quality may be reflected in the net interest margin, but overall, the stability of corporate business may still be better than retail. The bank also expressed that the decline in interest rates has narrowed, benefiting from the downward trend of deposit costs. It is expected that in the second quarter, the net interest margin of listed banks will narrow by 2 basis points quarter-on-quarter, corresponding to a year-on-year decrease of 19 basis points, which is a narrower decrease than the 25 basis points in the first quarter. As for non-interest income, wealth management income is still under pressure, and bond trading has provided positive support for other non-interest income. The overall asset quality is stable, but attention is paid to the generation of non-performing loans in the retail sector. The target price of China International Capital Corporation for Chongqing Rural Commercial Bank is HKD 4.43, the target price of Cm Bank is HKD 35.35, the target price of Bank of China is HKD 3.9, and the target prices for Bank of Communications, Agricultural Bank of China, China Construction Bank, and ICBC are HKD 6.77, HKD 4.4, HKD 6.14, and HKD 5.52 respectively. The bank rated the above stocks as "outperform."