bearish

ICBC (H)

Industrial and Commercial Bank of China – Negative Jaws Pressure Results

138 Views30 Aug 2021 21:35
ICBC: ICBC reported a QOQ 2Q21 bottom-line decline of 9.3% due to negative operating jaws. The level of net new NPLs increased 46.4% annualized basis and remains elevated, and reserves appear light.
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