You are here

China banks expected to report shrinking capital

Beijing may have to inject more than US$100 billion to shore them up, analysts say

Hong Kong

HIT by bad loans, Chinese banks are expected to show a weakening in their capital strength in first-half earnings, raising the prospect that the government might have to inject more than US$100 billion to shore them up, according to some analysts.

There are early signs

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom