Seeking Alpha

Investors are having nothing of China Construction Bank's "beat" of earnings expectations,...

Investors are having nothing of China Construction Bank's "beat" of earnings expectations, instead more concerned with where non-performing loans are headed. The ratio fell to 1% in Q2 from 1.4% in March, but the bank says its "unrealistic" to expect further declines. You think? Of 47 business owners disappearing this year, 17 were CCB customers.
Comments (1)
  • vtorch
    , contributor
    Comments (288) | Send Message
     
    IMHO Chinese banks are in pretty bad shape. NPLs and disappearance of customers is only the tip of the iceberg. We have not stared talking about cross-guarantees, corporate A/R discounting, unsecured micro-loansharks. Let's just hope the Chinese government has enough firepower when xxxx hits the fence.
    27 Aug 2012, 07:38 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio:

|