China's big banks post rise in Q3 profits, squeeze on NIM By Reuters

Third-Quarter Profit Increases: China's largest banks, including Agricultural Bank of China and Industrial and Commercial Bank of China, reported profit increases in the third quarter, with AgBank leading at a 5.88% rise. Other major banks also saw profits grow by over 1%.

Net Interest Margin Pressure: Despite profit growth, three banks experienced a decline in net interest margins (NIM), indicating ongoing profitability challenges. Analysts predict continued pressure on NIM due to government policies aimed at supporting the economy.