Property News · October 10, 2023

Morningstar among analysts saying Chinese banks’ earnings under pressure in fourth quarter due to property crisis, low consumer confidence


China’s big banks are likely to face further pressure on their revenues and interest margins in the fourth quarter, as the world’s second-largest economy battles an ongoing property sector crisis and low consumer confidence, analysts said.

Source : South China Morning Post
Read more…Morningstar among analysts saying Chinese banks’ earnings under pressure in fourth quarter due to property crisis, low consumer confidence

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