摩根大通 中国银行业研究报告 2010-12.pdfVIP

Asia Pacific Equity Research 27 November 2010 China banks Patience will be rewarded in 2011 • 2011 will be a better year. We expect the 11 banks under our coverage to China post average 22% profit growth in 2011 (12% EPS growth) and 18% in 2012. Banks We believe investors patience will be rewarded in 2011 as confidence in the AC