Investing in ICBC (1398.HK), C

Investing in ICBC (1398.HK), CCB (0939.HK), and ABC (1288.HK) can provide a diversified exposure to China's banking sector, each offering unique strengths:

• ICBC: As the largest bank globally, it has a robust international presence and diverse services, making it a defensive play amid economic fluctuations.

• CCB: Focuses on project financing and international businesses, appealing to foreign enterprises. Its specialization can mitigate risks associated with domestic market volatility.

• ABC: With a strong emphasis on rural financing, it targets a niche market that may benefit from government support and relaxed monetary policies.

Overall, this combination can balance risk and return, leveraging their distinct market focuses.

Policy Falls Short? Is China Stocks Bull Market Over?

The 12th session of the Standing Committee of the 14th National People's Congress announced debt-reduction measure: raising the debt ceiling for local governments by 6 trillion yuan. It is lower than the rumored $10 trln stimulus policies. ------------------ Is the bull market over or not? How do you view the policies?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

BernardLL
09-30
BernardLL
Not the right timing yet to put money into Chinese banks

Leave a comment

{"i18n":{"language":"en_US"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":354900485132400,"tweetId":"354900485132400","gmtCreate":1727655100133,"gmtModify":1727688847075,"author":{"id":3581826290974788,"idStr":"3581826290974788","authorId":3581826290974788,"authorIdStr":"3581826290974788","name":"TINYARK","avatar":"https://static.itradeup.com/news/de323c4649e93aceb3a36c3c9d055ed6","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":5,"starInvestorFlag":false},"themes":[{"themeId":"7bdbb84f2e3c4234b2bb15cd3263d595","categoryId":"7a15628ce2174325bddc6229505e0d70","name":"Policy Falls Short? Is China Stocks Bull Market Over?","type":0,"rnLink":"https://laohu8.com/RN?name=RNTheme&page=/theme/detail&rndata={\"themeId\":7bdbb84f2e3c4234b2bb15cd3263d595}&rnconfig={\"headerBarHidden\": true}","description":"The 12th session of the Standing Committee of the 14th National People's Congress announced debt-reduction measure: raising the debt ceiling for local governments by 6 trillion yuan.\nIt is lower than the rumored $10 trln stimulus policies.\n------------------\nIs the bull market over or not?\nHow do you view the policies?\n","image":"https://community-static.tradeup.com/news/5950ee4f2f8c8050f91ac96e75275859"}],"images":[],"coverImages":[],"html":"<html><head></head><body>Investing in ICBC (1398.HK), CCB (0939.HK), and ABC (1288.HK) can provide a diversified exposure to China's banking sector, each offering unique strengths:\n• ICBC: As the largest bank globally, it has a robust international presence and diverse services, making it a defensive play amid economic fluctuations.\n• CCB: Focuses on project financing and international businesses, appealing to foreign enterprises. Its specialization can mitigate risks associated with domestic market volatility.\n• ABC: With a strong emphasis on rural financing, it targets a niche market that may benefit from government support and relaxed monetary policies.\nOverall, this combination can balance risk and return, leveraging their distinct market focuses.</body></html>","htmlText":"<html><head></head><body>Investing in ICBC (1398.HK), CCB (0939.HK), and ABC (1288.HK) can provide a diversified exposure to China's banking sector, each offering unique strengths:\n• ICBC: As the largest bank globally, it has a robust international presence and diverse services, making it a defensive play amid economic fluctuations.\n• CCB: Focuses on project financing and international businesses, appealing to foreign enterprises. Its specialization can mitigate risks associated with domestic market volatility.\n• ABC: With a strong emphasis on rural financing, it targets a niche market that may benefit from government support and relaxed monetary policies.\nOverall, this combination can balance risk and return, leveraging their distinct market focuses.</body></html>","text":"Investing in ICBC (1398.HK), CCB (0939.HK), and ABC (1288.HK) can provide a diversified exposure to China's banking sector, each offering unique strengths: • ICBC: As the largest bank globally, it has a robust international presence and diverse services, making it a defensive play amid economic fluctuations. • CCB: Focuses on project financing and international businesses, appealing to foreign enterprises. Its specialization can mitigate risks associated with domestic market volatility. • ABC: With a strong emphasis on rural financing, it targets a niche market that may benefit from government support and relaxed monetary policies. Overall, this combination can balance risk and return, leveraging their distinct market focuses.","highlighted":1,"essential":1,"paper":1,"likeSize":66,"commentSize":1,"repostSize":1,"favoriteSize":0,"link":"https://ttm.financial/post/354900485132400","repostId":0,"isVote":1,"tweetType":1,"viewCount":1713,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["01398","00939","IDCBY","CICHY"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":true,"length":631,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":354944017400064,"commentId":"354944017400064","gmtCreate":1727665728998,"gmtModify":1727665816078,"authorId":3567412323589940,"author":{"id":3567412323589940,"idStr":"3567412323589940","authorId":3567412323589940,"name":"BernardLL","avatar":"https://community-static.tradeup.com/news/3eb1ecb8182a3c31f7f8d7a53d00163b","vip":1,"currentWearingBadge":{"badgeId":"44212b71d0be4ec88898348dbe882e03-3","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"President Tiger","description":"The transaction amount of the securities account reaches $1,000,000","bigImgUrl":"https://static.tigerbbs.com/fbeac6bb240db7da8b972e5183d050ba","smallImgUrl":"https://static.tigerbbs.com/436cdf80292b99f0a992e78750ac4e3a","grayImgUrl":"https://static.tigerbbs.com/506a259a7b456f037592c3b23c779599","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.07.14","exceedPercentage":"93.90%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1101},"hat":"https://static.tigerbbs.com/0a8758340a08196056f8bc1e54805193","crmLevel":6,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":354900485132400,"objectIdStr":"354900485132400","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Not the right timing yet to put money into Chinese banks","text":"Not the right timing yet to put money into Chinese banks","html":"Not the right timing yet to put money into Chinese banks","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/354900485132400"}