Chinese Banks Risk Losing Momentum In Market Cap Growth Following U.S. Tariffs
Source: SeekingAlpha
2025-04-09 04:10:00 ET
Summary
- Several large Chinese banks improved their market capitalization in the first quarter, a gain that looks shaky amid the global market turmoil.
- The lenders may experience a loss of momentum following US President Donald Trump's imposition of tariffs on key trading partners on April 3.
- Among the top 20 banks in Asia-Pacific, Industrial Bank Co. Ltd., based in mainland China, recorded the highest market cap gain, with a quarter-over-quarter increase of 12.7%, reaching $61.84 billion over three months.
Several large Chinese banks improved their market capitalization in the first quarter, a gain that looks shaky amid the global market turmoil....
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Chinese Banks Risk Losing Momentum In Market Cap Growth Following U.S. Tariffs
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