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CN Banks Buck Mkt to Blossom; BANKCOMM, ICBC Leap About 2%
HSI slid 93 pts to last print at 26,725, on turnover of $48.8 billion. Bucking the market, Chinese banks continued to blossom today after Financial Digital Development Association ...
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CN Banks Buck Mkt to Blossom; BANKCOMM, ICBC Leap About 2%
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2020/11/27 11:28
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HSI slid 93 pts to last print at 26,725, on turnover of $48.8 billion. Bucking the market, Chinese banks continued to blossom today after Financial Digital Development Association was officially established yesterday in China with 202 members in the first batch. Besides, the PBOC reemphasized more support should be given to small-to-medium banks in issuing perpetual bonds.

ICBC (01398.HK) leaped 2.1% to $4.77. CCB (00939.HK) rose 1% to $6.03. BANKCOMM (03328.HK) jumped 1.9% to $4.24.
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