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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Huge Short Covering Last Week
We take a look at the latest SFC data released today evening on short position reporting in Hong Kong for the week ended 20 March 2020.Total short...
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Postal Savings Bank – Slow and Steady For Now
* Decent Set of Results for Now:Postal Savings Bank of China (1658.HK) [PSB] is mainland China’s youngest large commercial bank. PSB reported 2019...
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New China Life – VONB Is a True Challenge
VONB Weakness Suggest Long-term Vulnerability: New China Life (1336.HK) [NCL] posted net profit of CNY 14.6 bn - increasing 84% YOY and in line...
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China Life – Expect Pain In 2020
A Mark-to-Market Result: China Life Insurance (2628.HK) [China Life] reported 2019 bottom-line of CNY 58.3 bn - increasing 412% YOY and well...
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