bearish

China Merchants Bank – Massive 4Q20 Charge-Offs

216 Views18 Jan 2021 00:44
CHINA MERCHANTS BANK: CMB announced a poor set of preliminary 4Q20 results, as profit declined 22.7% QOQ. Credit risk has substantially increased with a whopping annualized increase in NPLs of 80.4%
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Thomas J. Monaco
Silver Point
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