Grain 26th｜Citi released a research report stating that it has raised the postal savings bank of china's profit forecast for 2021 to 2026 by 5% to 9%, reflecting potential reductions of 5 and 10 basis points in deposit agency fees in the next two years. Citi slightly raised the valuation basis for postal savings bank of china, predicting that the P/B ratio will increase to 0.72 times next year to reflect reduced operating expenses after the potential deposit agency fee reduction. Accordingly, the postal savings bank of china's target price was raised from 4.69 Hong Kong dollars to 5.42 Hong Kong dollars and began observing positive catalysts in the next 30 days.