Sorry that I misunderstood your pointAre you saying that since China Telecom's market value is the No.1 in the telecom industry, the "bigger" Chinese banks are also quite nature to have largest market value in the world?
if you check the pb
the valuation is quite reasonable, h-shares (latest pb)
china construction bank 1.4pb (bank of America exercised their call options at 1.2pb)
boc & citic bank 0.95pb
icbc 1.5pb
bank of communications 1.2pb
cmb 1.58pb
just ask a question: the chinese banks have the same toxic assets as citi/rbs/hsbc/etc have?
china construction bank 1.4pb (bank of America exercised their call options at 1.2pb)
boc & citic bank 0.95pb
icbc 1.5pb
bank of communications 1.2pb
cmb 1.58pb
just ask a question: the chinese banks have the same toxic assets as citi/rbs/hsbc/etc have?
Huasing Association 1999 - 2013