China Daily Reads

China Daily Reads

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China Daily Reads
China Daily Reads
China’s Largest Bank Nears Record Low Valuation on Margin Woes

China’s Largest Bank Nears Record Low Valuation on Margin Woes

Aug 29, 2023
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China Daily Reads
China Daily Reads
China’s Largest Bank Nears Record Low Valuation on Margin Woes
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  • Industrial & Commercial Bank of China at 0.38 times book value

  • The lender is expected to report slower earnings growth for 1H

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