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At the end of 3Q24, the balance of non-performing loans (NPLs) in commercial banks of China amounted to RMB3.4 trillion, up RMB37.1 billion compared to the end of the previous quarter, data released by the National Financial Regulatory Administration (NAFR) showed.The NPL ratio of commercial banks was 1.56%, which was basically ...
Recommend
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JPMorgan released a report indicating that the risk-reward for Chinese SOE banks' H-shares is becoming more unfavorable. As US-China trade tensions escalate, the macro environment is getting more challenging. If China's policy response exceeds expectations, A/H SOE banks may underperform growth companies. However, if the...
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Industry insiders believed that the underlying logic of current policies in the mainland has shifted, particularly with the central government's increased leverage potential becoming more apparent, Cailian Press reported. Specifically, on the monetary front, the general direction will continue to be accommodative, and there ...
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During a meeting with HSBC Group Chairman Mark Tucker, Chinese Vice Premier He Lifeng said that China further deepens the reform of the financial system and steadily expands the systematic opening up of the financial sector. He said China welcomes more foreign-funded financial institutions and long-term capital, including the HS...
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The risk-reward profile of H-share state-owned banks has become more unfavorable against a challenging macro backdrop, JPMorgan released a research report saying. If China's policy response beats expectations, A/H-shares state-owned banks may underperform growth names. If policy response disappoints, H-share banks will fall ...
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