Chinese bank stocks have been slammed this year by market turmoil and a
crippling June cash crunch. Analysts, however, have kept firmly to a single
call: buy.
While stock analysts are notoriously bullish both in Asia and the rest of the
world, they have stayed unusually upbeat on Chinese banks even as warnings about
the country’s lenders have grown louder and critics question whether bloated
balance sheets are stuffed with risky loans.
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