[New post] CIMB: China Banks (Neutral) – China Citic, China Merchants Bank, Ping An Bank

alanyeo posted: " Moving past the trough ■ We see accelerating mortgage growth helping NIM given their higher yields versus corporate loans, even as both segments' yields rose qoq in 3Q21. ■ Our analysis also shows the benefit to net profits of a 1%-pt faster mortga" New post on Alpha Edge Investing CIMB: China Banks (Neutral) – China Citic, China Merchants Bank, Ping An Bank by alanyeo Moving past the trough ■ We see accelerating mortgage growth helping NIM given their higher yields versus corporate loans, even as both segments' yields rose qoq in 3Q21. ■ Our analysis also shows the benefit to net profits of a 1%-pt faster mortgage growth outweighs the cost of lower yields by at least a factor […] Read more of this post alanyeo | December 1, 2021 at 1:55 pm | Tags: China Banks, China Citic Bank, China Merchants Bank, Ping An Bank | Categories: Equities - Research Reports by Brokers/ Banks | URL: https://wp.me/p7fA1-6In Comment    See all comments 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: https://alphaedgeinvesting.com/2021/12/01/cimb-china-banks-neutral-china-citic-china-merchants-bank-ping-an-bank/