People cross a street during morning rush hour in front of the skyline of the central business district in Beijing in December 2020. Photo: Reuters
People cross a street during morning rush hour in front of the skyline of the central business district in Beijing in December 2020. Photo: Reuters

Chinese bank earnings spared from property distress as Evergrande and troubled peers pose threats to loan quality

  • Chinese banks’ third-quarter results mostly beat estimates, averting property distress as bad loan ratios improved slightly
  • Analysts say loan quality will come under the microscope as developers continue to face a liquidity squeeze, barring any policy easing

Topic |   Banking & finance
People cross a street during morning rush hour in front of the skyline of the central business district in Beijing in December 2020. Photo: Reuters
People cross a street during morning rush hour in front of the skyline of the central business district in Beijing in December 2020. Photo: Reuters
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