China Merchants Bank – An Optical Illusion
CHINA MERCHANTS BANK: CMB's QOQ 3Q21 adjusted core operating result declined 41.2%, by our calculation. Net new problem loans continue to...
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New DLCs tracking CK Asset, China Merchants Bank, ANTA Sports, Li Ning & WuXi Biologics
Investors can now gain exposure to a wider range of Hong Kong stocks via SGX-listed DLCs with the listing of new DLCs tracking CK Asset, China...
277 Views
Ping An Insurance – Breaking The Bank
PING AN: PAB reported 3Q21 QOQ growth of 55.0%. Credit quality was abysmal and Ping An is pulling on its bank lever to offset another quarter self...
238 Views
Chinese Banks – Focusing on the Credit Quality Challenge
Chinese bank headline NPLs understate the system's credit risks at a problematic time; looking beyond the stated NPLs, we like China Merchants &...
325 Views
Ping An A/H: Discount Turns to a BIG Premium
Ping An A-shs are now trading at a 11% premium to the H-shs. This is in the 95th percentile and is partly driven by the buyback on A-shs. We like a...
412 Views