China Banks – After IPO, It Takes 2-3 Years for Impairments to Surpass Funds Raised
We know that banks often raise capital to boost capital adequacy. That is normal. But we also know that banks often use this as the premise, but...
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PICC Group – Everybody In the FinTech Pool
* PICC Group (1339.HK) revealed additional details how it has designs on becoming “a top innovative financial and insurance group in China by 2020”...
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Ping An Insurance – Wet Blanket
* Poster-child For All That Is Wrong in China Financials: Some of what we believe will rear its ugly head in 2018 will be: 1) investment portfolio...
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China Banks – Severe Yield Pressure at Shengjing Bank
Small regional bank Shengjing Bank Co Ltd H (2066 HK), primarily operating in the north and north east of China, shows the severity of funding...
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China Banks – Ping An Bank Not Likely to Be Alone in Surging Funding, Operating Costs
Ping An Bank Co Ltd A (000001 CH) has announced summary 4Q17 results. What is remarkable is the bank’s surge in funding costs which are up 51% YoY...
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