Bank of China - Second Derivative Impact Will Be Huge
Weak 4Q19 Result: Bank of China (3988.HK) [BOC] reported 4Q19 results of CNY 27.8 bn, decreasing precipitously by CNY 17.7 bn or 38.9% linked...
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ICBC – Steady Eddy
* Solid 4Q19 Result: Industrial and Commercial Banking Corp. (1398.HK) [ICBC] reported 4Q19 results of CNY 60.5 bn - down CNY 23.3 bn (27.8%)...
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BOCHK – A Very Managed, Yet Poor Set of Numbers
* Despite Managed Set of Results, Still A Miss: BOC Hong Kong Holdings (2388.HK) [BOCHK] reported 2H19 earnings results of HKD 15.6 bn...
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China Banks – Do Not Expect Full Concealment of Crisis
It is not likely that China’s banks will fully conceal the impact of the crisis. Even if there is some forbearance, we would expect some flow...
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HK Connect Flows: Inclusion Effective Next Monday
In our weekly HK Connect Flow series, we aim to help our investors understand the flow of southbound trades via the Hong Kong Connect, as analyzed...
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