Hi,
Would you be covering Chinese banks listed in Hong Kong in Dividend Machines?
1 Answers
Hi KC,
Unlikely for now. We did consider this previously but decided not to pursue the topic because China banking industry, including shadow banking, is quite complex. Besides, the bank's role is to support the economy of that country and during this crisis, Chinese banks were told to do things that may not align with the interest of shareholders. For instance, the lower loan rate implemented were not only applied for new loans but also for the existing loans as well.
Thanks Rusmin for the reply.
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