Is it time to buy China banks in light of virus outbreak?

STIMULUS bets are in play as traders count on the central banks of the world to roll out aggressive measures that might cushion the growth shock from the coronavirus outbreak.

In China, where officials have pledged a more proactive fiscal policy and a more flexible monetary policy to ride out the blow, infrastructure and auto stocks are seen as potential beneficiaries.

Some of the large Chinese banks look attractive too, though asset quality risks justify caution on China's banking sector as a whole.