On September 3, ABC fell 3.19% in regular trading, trading at 6.365 HKD/share, with turnover of approximately HKD 396 million. The decline came as major Chinese bank stocks faced profit-taking pressure following a streak of record highs, compounded by rising external risks.

On the news front, the six major state-owned banks' H-shares had all hit historic highs in recent sessions, with ABC itself gaining over 2% on September 1. However, Fed Chair Wosh delivered hawkish signals at the Jackson Hole symposium, pushing the market-implied probability of a September rate hike to approximately 66%. Simultaneously, renewed US-Iran geopolitical tensions dampened global risk appetite, putting particular pressure on high-dividend banking stocks.

The broader sector reflected this pullback. Within the Diversified Banks sector, ICBC fell 2.41%, CCB dropped 1.19%, and Bank of China declined 0.92%, while HSBC Holdings edged up 0.86% and CM Bank gained 0.48%. The retreat followed a period in which all six major banks collectively raised their interim cash dividend payout ratios to 31% for the first time, with combined proposed interim dividends exceeding RMB 220 billion — a development previously hailed by Citi as a positive surprise for the market.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)