Gelonghui October 15th| Guosen International released a research report stating that under the high market sentiment driven by stimulus policies, the valuations of China mainland banking stocks have been reevaluated. The bank expects that csi china mainland banks index will deliver stable operational performance in the third quarter of 2024, benefiting from higher trading income and lower impairment losses. Industrial Bank is expected to achieve the best profit growth of 3%, followed by Agricultural Bank of China, Bank of Communications, and China Citic Bank Corporation. The bank stated a preference for state-owned banks, especially Agricultural Bank of China and China Citic Bank Corporation. The target price for Agricultural Bank of China has been raised from 4.2 Hong Kong dollars to 4.4 Hong Kong dollars, China Citic Bank Corporation's target price from 4.1 Hong Kong dollars to 4.4 Hong Kong dollars, Bank of Communications' target price from 6.3 Hong Kong dollars to 6.6 Hong Kong dollars, Postal Savings Bank of China's target price from 4.8 Hong Kong dollars to 5.5 Hong Kong dollars, CM Bank's target price from 41 Hong Kong dollars to 46 Hong Kong dollars, and China Citic Bank Corporation's target price from 5.1 Hong Kong dollars to 6 Hong Kong dollars, all rated as "outperforming the market".