New breakthrough in technology loan balances, focusing on the bank sector deployment window

Ask AI · State-owned big banks’ technology loan growth is strong—what impact will it have on performance in 2026?

Recently, listed banks’ 2025 annual reports have been released in clusters. As of the end of 2025, the technology finance loan balances of Industrial Bank and Shanghai Pudong Development Bank have already surpassed the trillion-yuan mark. Similarly, the technology loan balances of China CITIC Bank and China Merchants Bank have also reached a new trillion-yuan threshold. The six major state-owned banks have continued to solidify their position as the main force in technology finance. The combined technology loan balances of the six state-owned banks have exceeded 23.3 trillion yuan, with year-over-year growth rates generally remaining at a high level of 15% or above.

Some analysts believe that “technology finance” is the top priority among the “five major articles.” Banks are also actively adjusting their layout, by optimizing organizational mechanisms, upgrading service systems, and strengthening internal and external coordination and linkage, to fully connect a virtuous cycle among technology, industry, and finance. Banks provide financial support to technology enterprises through technology loans, earn interest income, and achieve win-win cooperation.

Guotai Huarong Securities believes that in 2026, the earnings expectations for listed commercial banks will be steady, with both operating revenue and net profit attributable to shareholders expected to achieve positive year-over-year growth. Asset quality will maintain a stable underlying foundation, with nonperforming loans gradually trending downward. In addition, external capital replenishment channels for banks may also be restarted, opening up more room for medium- to long-term development. Therefore, it could be an opportunity to enter at lower prices or for strategic allocation.

As of 11:30, the CSI Bank Index (399986) was down 0.69%. Among constituent stocks, winners and losers alternated: Qilu Bank led the gain with an increase of 0.87%, China CITIC Bank rose 0.24%, and Bank of China rose 0.17%; Chongqing Bank fell 3.62%, Qingdao Bank fell 2.85%, and Agricultural Bank of China fell 1.90%. The Huaxia Bank ETF (515020) was down 0.59%, with the latest quotation at 1.68 yuan.

Huaxia Bank ETF (515020) is an ETF that tracks the CSI Bank Index (399986) with the lowest comprehensive fee rate. Its connection funds are: Class A 008298; Class C 008299; and Class D 024642.

Daily Economic News