Assessing Driver of Moats in Retail Shopping Centres
We view high quality shopping centres as benefiting from strong competitive advantages, and generally ascribe narrow economic moat ratings to...
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China Banks' Thin Line
Beijing canceled the loan:deposit ratio (LDR) cap of 75%. Itâs worried. This can be considered to be a similar move as lowering the reserve...
448 Views
What's Next For China?
Raids on brokers and traders. Less economic data flow, or spurious upward revisions. Wealth management product holders not getting paid. Defaults...
541 Views
Corporate Loan Seasoning in Chinese and Australian Banks
It is the chunky corporate loans that are most bothersome to banks, as an economy slows.This is one reason that risk-weightings tend to be fairly...
482 Views
CHINA: Reform & Omnipotence Myths Dispelled
âPay no attention to that man behind the curtainâ - Wizard of OzThe nature and scale of Beijingâs reaction to the bursting of the China equity...
451 Views