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Chinese banks are feeling the strain
Lex专栏:manbetx3.0 银行业正感受到压力

Investment case for the country’s state-owned lenders is no longer straightforward
manbetx3.0 国有银行的投资逻辑不再简单明了。

For years, China’s largest state-owned banks have been a local investor favourite. With dividend yields that once topped 8 per cent and stock prices that delivered steady gains, they became a staple in the portfolios of retirees looking for stability and income. Even during the 2008 global financial crisis, these lenders remained resilient, backed by state support and conservative regulation. But the investment case is no longer so straightforward.

多年来,manbetx3.0 大型国有银行一直是本土投资者的心头好。凭借曾高达8%的股息收益率和股价的稳健增长,这些银行股成为追求稳定收益的退休人员投资组合中的标配。即便在2008年manbetx app苹果 金融危机期间,凭借国家支持和审慎监管,这些银行仍展现出强大韧性。但如今,这类投资逻辑已不再如此简单。

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