Capital PositionA recent capital injection will strengthen Postal Savings Bank of China's capital position by improving its CET-1 ratio, despite diluting the share count.
EarningsExpect steady PPOP growth, driven by improving cost efficiency and recovering fee income growth for FY25F.
Growth StrategiesPostal Savings Bank of China has implemented differentiated growth strategies, including its 'Sannong Business', to boost loan growth and differentiate itself from competitors.