China Merchants Bank – Provisions Continue Lower, As Core Rises
Provisions continue lower and at similar levels during each quarter in FY21 this would result in a meaningful delta this year. Net interest income...
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China Merchants Bank – Pulling On All Levers
CHINA MERCHANTS BANK: CMB's core operating results came in at just CNY 13.9 bn – declining 40.0% linked quarter. Negative operating jaws, and net...
169 Views
Tencent Holdings – Shaking Its Tree
TENCENT HOLDINGS: Tencent and the FinTech's likely will now be required to create a financial holding company, which will likely rein-in WeChat Pay...
251 Views
AIA Group – Low Base Leverage
AIA GROUP: AIA posted a 4Q20 VONB decline of 33% YOY, largely due to weaker volumes and margins, expense overruns, and product/mix shifts due to...
238 Views
Linklogis Pre-IPO - The Negatives - Inconsistent Growth and Margins, Well Funded Competitors
Linklogis, a technology solution provider for supply chain finance in China, is aiming to raise around US$500m in its Hong Kong IPO. Its investors...
336 Views