[New post] OIR: Industrial and Commercial Bank of China

alanyeo posted: " In-line results• In-line result but net interest margin headwind is likely to persist• Improving asset quality• Valuation is not demanding but lack of catalysts Investment thesis ICBC's diversified business mix, strong balance sheet and high profit" Respond to this post by replying above this line New post on Alpha Edge Investing OIR: Industrial and Commercial Bank of China by alanyeo In-line results• In-line result but net interest margin headwind is likely to persist• Improving asset quality• Valuation is not demanding but lack of catalysts Investment thesis ICBC's diversified business mix, strong balance sheet and high profitability makes it a quality bank within the sector that is more resilient to China's moderating economic growth. Investment summary […] Read more of this post This post is ad-supported ​ alanyeo | September 1, 2021 at 2:38 pm | Categories: Equities - Research Reports by Brokers/ Banks | URL: https://wp.me/p7fA1-3u1 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/2021/09/01/oir-industrial-and-commercial-bank-of-china/ Thanks for flying with WordPress.com