Not homogenous, especially toward Greater China
3
Is Japan Post Bank the odd man out?
1
Thai banks benefit from reopening
1
Worsening real estate credit metrics can disrupt profit
Focus on foreign lenders, BEA, HSB
Ultimate leverage
Low ROA base can mean bigger delta than others in Asia
Unlike most banks, margins are rising, and can continue
Rising loan loss reserves allows for reversals, low credit costs