中银-投资策略[31p].PPTVIP

* 欢迎提问！ * Thank you for giving me the chance to talk with you about China’s banking industry. As you may know, China’s banking sector is highly concentrated; Four big state-owned banks dominate the market. But they are saddled with NPLs, make marginal profits, and lack core competency. It would take another 2-3 years for them to streamline their operation and sharpen their competitive edge. However, smaller players, joint-equity commercial banks, will be another story. They are fast growth, profit-oriented, commercial entities in the interests of shareholders. Now they are looking for equ