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Chinese banks face profitability pressure: Moody’s

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Chinese banks face profitability pressure: Moody’s

BEIJING — Chinese listed banks were confronted with profitability pressure from the country’s slowing economic growth, despite the absence of any significant deterioration in reported asset performance, said Moody’s Investors Service. “At the same time, the banks’ capitalization and liquidity positions remained stable overall, but weakened among the smaller entities due to their faster rate of…

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