Blog Archives

China’s stimulus for Big Banks (may be counter productive)| Insight China

After a RMB 800B new credit by the big 4 in May or $126 Bln China’s intentions behind creating space on China’s Big Four Balance sheets with a securitization program that just takes current loans off balance sheet for sale

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Posted in Amitonomics, Banking, European Sovereign Debt crisis, US

It’s the friendly neighbourhood Chinese store | Banking Insight

Fed approvals came though for ICBC’s acquisiton of Bank of East Asia’a 80% ownership interest with 13 branches in new York and California as well as a Chicago branch for Bank of China and AgBank in New York city. Feds

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Posted in Banking, China, US

China’s Banks pull in claws!: Could #5 BoCOM beat #4 Bank of China (2011 results reports)

Despite a almost 30% improvement, Bank of China is stilll the worst of the big Four banks in NPLs with 1.8% as its ratio of NPLs five times that of BOCOM and almost 70% higher than AgBank which is #2

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Posted in Banking, China, Financial Markets, Global

China’s Banks 2012 lending targets | China Review & Insight

When early last month, China banks reported a 25% Y/Y slowdown to CnY 750 bln or $125 bln it was now so slow if including the Year of the Dragon celebrations and the shortage of Capital at the big banks

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Posted in Financial Markets

China in Brazil: Moving beyond resources: CCB makes a purchase in Brazil

A gameplan for resource based Economies After China completed the purchase of Standard Bank in LatAm(ICBC pending shareholder approval), we indicated a hope that this was in response to oversaturated of biolateral trade in fickle resources that have imprisoned the

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Posted in Financial Markets

China wins again! : AgBank, BoC vie for $30 bln profits between themselves

Even as analysts priced in the expected 12% default rate (NPLs), AgBank and BoC were the first to report results till September after reporting good first 2 quarters. Next in line are CCB and ICBC in this week. Today’s AgBank

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Posted in Amitonomics, Bailout Nation, Banking, China, Global

China's redistributed trade surplus

Since the crisis caught everyone’s fancy in 2008, when Chinese GDP growth also dipped to a significant low, China has been played up as the market maker in almost all commodities. Even before the Dollar started weakening with the exit

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Posted in China

China's big banks are not reason for a downgrade | Advantage China

The Macroeconomic certification for China An above 6% inflation rate continued in August, with Services PMI scraping the neutral line at 50.6 in the HSBC MarkIt survey while the overall non mfg indices with other providers were as high as

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Posted in China, Financial Markets

Temasek buys back CCB stake | China's banks balance Capital requirements

Our analysis on the Big 4 from China will follow later this week as China’s banks stamp the quarter with extraordinary profitability even as china gets ready to bring its $2 tln local body loans onto the balance sheets and

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Posted in Banking, China

Temasek exits China's banking sector | Advantage zyaada

In an apparent bid to reduce its excessive exposure to Financial institutions, Temasek committed early trades worth $3.6 bln in Hongkong to exit $2.4 bln worth of its stake in Bank of China and another $1.2 bln worth of its

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Posted in Amitonomics, Banking, China, Financial Markets, Global, Private Equity