China Construction Bank Posts Downbeat Q3 Profit

China Construction Bank CICHY reported a weaker-than-expected third-quarter profit. China Construction's quarterly net profit climbed 9.4% to 56.8 billion yuan ($9.34 billion), missing estimates of 57.69 billion yuan. Its net-interest income increased 8.2% to 98.85 billion yuan. China Construction Bank shares closed at $14.78 on Friday.