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...
257 Views
PICC P&C – Giving Too Much Credit
* Solid 2019 Result, Reflecting Large One-Off: PICC Property & Casualty (2328.HK) [PICC] reported a bottom-line of CNY 24.3 bn, increasing 57%...
263 Views
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%)...
241 Views
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...
380 Views
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...
335 Views