{"id":52775,"date":"2016-05-25T08:53:54","date_gmt":"2016-05-25T12:53:54","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=52775"},"modified":"2016-05-25T08:53:54","modified_gmt":"2016-05-25T12:53:54","slug":"one-hedge-fund-goes-against-industry-titans-on-big-china-banks","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/05\/2016\/one-hedge-fund-goes-against-industry-titans-on-big-china-banks.html","title":{"rendered":"One Hedge Fund Goes Against Industry Titans on Big China Banks"},"content":{"rendered":"<p>\n(Bloomberg) As bearish calls against China\u2019s banks are mounting, one hedge fund says the nation\u2019s biggest financial institutions can attain the \u201cbeautiful state\u201d enjoyed by global rivals such as JPMorgan Chase &#038; Co. <\/p>\n<p>Industrial and Commercial Bank of China Ltd. and the biggest Chinese banks may generate enough growth in coming years, which combined with retained earnings and capital injections would offset risks caused by non-performing assets, said Red Cliff Asset Management, a Hong Kong hedge fund founded by William Lee, a former head of Asia Pacific equity derivatives at JPMorgan. Banks such as ICBC &#8220;can potentially grow themselves out of the problems&#8221; if they can maintain their profit margins and freeze the quality of their loan portfolios.<\/p>\n<p><a href=\"http:\/\/www.bloomberg.com\/news\/articles\/2016-05-25\/one-hedge-fund-goes-against-industry-titans-on-big-china-banks\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Bloomberg) As bearish calls against China\u2019s banks are mounting, one hedge fund says the nation\u2019s biggest financial institutions can attain the \u201cbeautiful state\u201d enjoyed by global rivals such as JPMorgan Chase &#038; Co. Industrial and Commercial Bank of China Ltd. [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-52775","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/52775","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=52775"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/52775\/revisions"}],"predecessor-version":[{"id":52776,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/52775\/revisions\/52776"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=52775"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=52775"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=52775"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}