Bloomberg Markets and Finance published this video item, entitled “China Banks’ Profitability to Stabilize: CreditSights” – below is their description.
Mar.29 — Jason Tan, senior research analyst at CreditSights, discusses the prospects for Chinese banks. Industrial & Commercial Bank of China Ltd., the world’s largest lender by assets, China Construction Bank Corp., the second-largest, and smaller rival Bank of Communications Co. all posted gains in net income of at least 44% in the last three months of 2020, far exceeding analyst estimates. Tan speaks on “Bloomberg Daybreak: Asia.”Bloomberg Markets and Finance YouTube Channel
Got a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.