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$ABC (01288.HK)$ Can someone explain why the PE of China ban...

$ABC(01288.HK)$
Can someone explain why the PE of China banks are so Low?
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  • Captain moo : Yoooo mooer, Great to see you here in moomoo community! You are making an awesome progress with your first post. Have fun on your journey in making more friends here!

  • 102968938 : It’s bcos in the past China banks own too many bad quality assets n loans and their NPL is higher than other countries
    Secondly, their capital reserves are low as compared to international standards

  • Peter SG : The business feature of bank is fixed relatively, there is very limit space to grow, if you looks stock with stable dividend, bank is a good choice, but didn't put all your money on bank stock, allocate some fund on others, the Macau casino stock is not bad choice, the price is very low, got a lot space to grow

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