Core Pacif：中国建设银行 China Construction Bank

01.30 5页　　英文

China Construction Bank (CCB) has benefited from the robust growth in
the mainland’s banks sector in the past year alongside its peers, boosting the
growth in areas such as loan outstanding and fee and commission income. On
the other hand, contribution from a positive cost-income jaw to core earnings
growth would be limited due to cost increase caused by the gradual re-alignment
of staff wages towards the market level.