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More Chinese banks need to take a hard stance on easy loans
Lex專欄:更多中資銀行需要強硬對待貸款違約

With the country’s property crisis in its fourth year, loan yields have started to fall and profit growth has slowed
中國建設銀行在香港法庭對世茂集團提出清盤呈請說明,今後人們不能再想當然地認爲國有銀行會爲中國房地產開發商充當靠山。

Until now, no matter how bad things got, Chinese property developers could count on state-owned lenders to have their backs. That can no longer be taken for granted with state-owned China Construction Bank (CCB) taking rare legal action against the troubled mainland developer Shimao Group. It is, though, good news for bank investors.

到目前爲止,無論情況變得多麼糟糕,中國房地產開發商仍然有國有銀行可以依靠。隨著國有的中國建設銀行(CCB)對陷入困境的國內房地產開發商世茂集團(Shimao Group)採取罕見的法律行動,今後人們不能再這樣想當然。不過,這對銀行投資者來說是個利好訊息。

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