[New post] DBS: Ping An Bank Co Ltd

alanyeo posted: " Investment Thesis: Earnings upside from improving asset quality Transforming into a strong retail banking play Positioned to capture wealth management opportunities. We expect wealth-related fee income to grow by a 19% CAGR in FY21-23F driven " Respond to this post by replying above this line New post on Alpha Edge Investing DBS: Ping An Bank Co Ltd by alanyeo Investment Thesis: Earnings upside from improving asset quality Transforming into a strong retail banking play Positioned to capture wealth management opportunities. We expect wealth-related fee income to grow by a 19% CAGR in FY21-23F driven by increasing investment demand in China. Improving ROE to serve as share price catalyst. Increasing contribution from non-interest income and high single-digit […] Read more of this post alanyeo | August 24, 2021 at 4:07 pm | Categories: Equities - Research Reports by Brokers/ Banks | URL: https://wp.me/p7fA1-3e5 Comment    See all comments    Like Unsubscribe to no longer receive posts from Alpha Edge Investing. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: http://alphaedgeinvesting.com/2021/08/24/dbs-ping-an-bank-co-ltd/ Thanks for flying with WordPress.com