Ping An Bank – Not Exactly Heroic
Earnings Supported By Massive Cut In Provision: Ping An Bank (00001.CH) [PAB] reported 1Q20 bottom-line results of CNY 8.5 bn, a CNY 4.0 bn...
355 Views
China Cinda Asset – Negativity Priced In
*Weak 2H19 Result: China Cinda Asset Management (1359.HK) [CINDA] reported 2H19 profit of CNY 4.0 bn – declining CNY 5.0 bn or 55.6% linked period....
260 Views
Car, Inc. – Accident Waiting To Happen?
* Bad Luckin: The shares of Luckin Coffee (LK.US) [Luckin] declined 84% and were suspended as result of Luckin’s announcement that an internal...
283 Views
China Phase 1 - Dumb Deal
Not So Fast: Mainland China is NOT reducing tariffs on USD 138 bn of existing US imports at rates of 5%-25%, and will only suspend new tariffs....
302 Views
China's Slumping Domestic Demand Is Dragging Asia Down: Except JP, IN, VN
Despite a record RMB 9.59 trillion (US$1.39 trillion) increase in new TSF (total social financing) in January-April 2019 (a 34.7% faster pace than...
552 Views