You are here

Not too rosy for China banks, but investors bullish

BT_20141125_BANKS25_1381810.jpg
Fund managers are getting more optimistic about the outlook for China banks' shares. ICBC led gainers in Hong Kong trading on Monday.

Hong Kong

CHINA's banks, already saddled with mounting bad debt, face the risk of sagging profit growth after an interest-rate cut slashed their margins on loans - but some investors are getting more optimistic, not less, about the outlook for the industry's shares.

Victoria Mio,

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