Morgan Stanley on reasons to be bullish China's banking sector ...Middle East

forex live - News
Morgan Stanley on reasons to be bullish Chinas banking sector

The China Securities Regulatory Commission (CSRC) has encouraged large state-owned insurers to allocate 30% of their new premiums to A-shares. According to a research report by Morgan Stanley, this move suggests that Chinese banks are likely to become a key investment choice for state-owned insurers due to their appealing dividend yields and stable payout ratios.

Morgan Stanley also noted that more rational, long-term policies and the stabilization of the credit cycle should support the financial market's sustainable growth and contribute to strong bank performance.

    The report highlighted several factors expected to drive Chinese banks' performance, including a potentially more favorable market perception of their operating metrics and expanded fiscal policy support, which could help mitigate risks related to banks' credit quality.

    This article was written by Eamonn Sheridan at www.forexlive.com.

    Read More Details
    Finally We wish PressBee provided you with enough information of ( Morgan Stanley on reasons to be bullish China's banking sector )

    Also on site :