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Not too rosy for China banks, but investors bullish

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,...

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