Ho Favors Bank of China, Kasikornbank, Bank Mandiri

Simon Ho, head of Asian financial research at Citigroup Inc., talks about the outlook for China's banking industry and his investment strategy for bank stocks in Asia.

Earnings reports last week from most listed Chinese banks showed deteriorating asset quality and slowing profit growth, which are credit negative, Moody’s Investors Service said in its latest credit outlook. Ho speaks with Susan Li on Bloomberg Television's "First Up." (Source: Bloomberg)

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