Industrial and Commercial Bank of China is among lenders that reported earnings growth of about 4 per cent, below a forecast by investment bank China International Capital Corporation. Photo: Reuters

Chinese banks report lacklustre first-quarter profit growth, but a bargain thanks to cheaper valuations, says Credit Suisse

  • Four biggest state-owned banks report net profit growth of about 4 per cent, below forecast
Topic |   Banking & Finance

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Industrial and Commercial Bank of China is among lenders that reported earnings growth of about 4 per cent, below a forecast by investment bank China International Capital Corporation. Photo: Reuters
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