Monday, December 04, 2017
Performance of Chinese listed companies closely linked with the market environment
ANBOUND
The Port of Dandong default has caused much issues to more banks, raising the question of bank's risk control? Before this Chan Kung, chief researcher at Anbound, had talked about risk control. He said that it is not completely safe if one relies solely on institutions; neither is by mere looking at the reports. It is also very dangerous by merely knowing the statistics. The only one that can play a role in the risk control is the on-site research. The performance of Chinese listed companies is closely linked with the market environment, and it is impossible for the banks to be spared if anything happens to this environment. In other words, bank risk control would have huge problems.