TK Lee asked 4 months ago
Hi,
Checking if there is any intention to do a case study for ICBC bank (1398), and how banks in China as compared to the ones in Singapore? ICBC bank is the world biggest bank in terms of total assets and offers quite consistent dividend of about 8%.
1 Answers
Rusmin Ang Staff answered 4 months ago
Hi TK,
Unfortunately we do not cover Chinese banks. They look complicated to us and sometimes, they could be at the service of Chinese government to save companies or economy which may not be beneficial for shareholders.
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