China Construction Bank – Still Chunky NPL Increases
CHINA CONSTRUCTION BANK: CCB reported a 4Q20 core earnings results decline 7.5% QOQ. Weakness can be attributed to a massive increase in costs and...
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Bairong IPO Trading - Strong Overall Demand but Comes with Large Retail Allocation
Bairong raised around US$508m in its Hong Kong IPO. We have covered various aspects of the deal in our earlier notes. In this note, we will talk...
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Postal Savings Bank of China – Excess Provisioning
POSTAL SAVINGS BANK: PSB reported a 40.8% decline in QOQ results, as loss provisioning was too high relative to risk is peaking; and an operating...
161 Views
ZhongAn Online P&C Insurance – Don’t Believe The Hype
ZHONGAN ONLINE P&C INSURANCE: ZhongAn reported full year 2020 bottom-line results of CNY 554 mn. We have a difficult time believing that ZhongAn...
195 Views
Yidu Tech Inc (2158.HK) - Here Are the Business Prospects and Challenges
This article analyzed Yidu Tech Inc. in terms of the business prospects, the bottleneck, and the challenges for its three business segments and...
248 Views