25-04-2025
Chinese Banks, HSBC and Standard Chartered Outlook to be Shadowed by US Tariffs
Chinese lenders including Industrial & Commercial Bank of China Ltd., China Construction Bank Corp., Agricultural Bank of China Ltd. and Bank of China Ltd. will report earnings as the US-China trade war threatens to erode their margins.
China may need more stimulus measures including rate cuts as the economy faces tariff risks, which could dim margin outlook for these banks, according to Bloomberg Intelligence analysts Francis Chan and Nicholas Ng.
