Bank Credit Compass: Asia’s Q2 Winners and Losers; What Looks Mispriced into H2
Alpha generation remains available within individual Asian bank bonds. We expect security selection to have a greater impact during the second half...
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Bank Credit Weekly: Risk-On Reversal, NIM Compression Ends
The Fed Chairman’s upcoming congressional testimony may drive US dollar demand and weigh on Asia bank risk sentiment as this week begins. As such,...
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China – Soaring Real Estate Loans Makes One Wonder
China Construction Bank H (939 HK)Â (CCB)Â added real estate loans at more than double the amount of total corporate loans during 2018. This is...
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Luzhou City Commercial Bank IPO (泸州市商业银行) - Earnings Lagging Asset Growth Owing to Tightening Spread
Luzhou Commercial Bank Co Ltd (1983 HK) is looking to raise up to US$238m in its upcoming IPO. The company has demonstrated decent growth in net...
625 Views
China Banks – Profit Growth Is Only From Securities Gains
For the most part, China bank’s 1H18 profit growth YoY (and 2Q18 YoY) is from realized and unrealized trading gains, investment gains and fair...
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