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 evade property distress as Evergrande clouds outlook
  • 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
31 Oct 2021 - 9:32PM