Balance Labs

Dated answer · 2026-09-01

601398.SS vs SMH — which is stronger right now?

Same dated snapshot (2026-09-01): 601398.SS quality —/100 vs SMH 100/100; engine LONG vs LONG. The comparison below is computed, dated, and auditable — not an opinion.

Snapshot2026-09-01 · source: tencent
601398.SS (ICBC)SMH (Semiconductor ETF)
Market / sectorashare · Financialsus · ETF
Price¥7.85$555.77
Quality score—/100100/100
Engine signalLONG · 110 bars · uPnL +6.6%LONG · 308 bars · uPnL +120.8%
Total return+11.1%+120.8%

Thesis-break template (Financials)

NPL deterioration beyond industry pace; NIM squeeze from deposit competition; regulation hitting core profit; growth from looser lending

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Balance Labs Research Desk (2026-09-01). "601398.SS vs SMH — which is stronger right now?." balancelabs.app · https://balancelabs.app/stocks/compare/601398.ss-vs-smh · CC BY 4.0

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