China Construction Bank Corp. (CICHY)
As another of China’s “Big Four” state-owned banks, CICHY focused initially on funding large-scale infrastructure projects. The bank has since diversified its operations to offer a full range of commercial and investment banking services. It also has a strong presence in China’s urban centers and has been expanding its international footprint.
The bank has been at the forefront of China’s push into financial technology, investing heavily in digital banking, artificial intelligence (AI), blockchain, and even robotics.4 However, like other Chinese banks, CICHY faces challenges, including government influence on lending practices and