Chinese banks

Morgan Stanley raised price targets for Chinese lenders this month by as much as 36%.

ICBC raised only US$2.9 billion in dollar-denominated bonds out of a planned US$4.4 billion after a slashed bond sale.

HONG KONG (March 29): UBS Group AG, which built an Asian investment-banking powerhouse around the strength of its China business, is finding that excessive reliance on one single market can be a bad thing.

SINGAPORE (June 22): Moody’s Investor Service says that the Chinese banks’ rising investments in loans and receivables in recent years has raised system risks in the long-term.