With credit expansion expected to continue to surge, China's banks will need to raise $131B of fresh capital over the next 5 years, according to a regulatory source. Bloomberg calculates this amounts to about 13% of the total stock market capitalization of China's banking system. CHIX +2.4%.
With credit expansion expected to continue to surge, China's banks will need to raise $131B of...
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Symbol | Last Price | % Chg |
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BACHF | - | - |
Bank of China Limited |