Bet on China bank stocks, says Macquarie
The nation’s top banks reported healthy earnings and their stock prices are still appealing, notes Macquarie. It is urging investors to pounce as these banks seek to replenish capital in 2010, although it questions the need for ICBC to raise funds.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts