China’s Liquidity Tightening Is Helping Banks, UBS’s Tang Says
By Sophie Leung -
2011-10-25T01:55:46Z
Tightening by the Chinese government is helping to improve the balance sheets of banks and directing credit in the right direction, UBS AG’s China strategist John Tang said today at a Bloomberg conference. The environment for Chinese banks will remain good next year, and investors should buy the shares, Tang said in Hong Kong.
To contact the reporter on this story: Sophie Leung in Hong Kong at sleung59@bloomberg.net
To contact the editor responsible for this story: Hwee Ann Tan at hatan@bloomberg.net
Rate this Page
Bloomberg moderates all comments. Comments that are abusive or off-topic will not be posted to the site. Excessively long comments may be moderated as well. Bloomberg cannot facilitate requests to remove comments or explain individual moderation decisions.