【小小机构】downgraded 招商银行 A shares as underperform# Stock
x*n
1 楼
Good side:
We are still seeing this is best management ever bank in China mainland.
Good balance on cash debt, aggressive M&A,
Long term loyalty program on next generation retail services
Bad side:
Large institutions is trying to unload
Crazy over margin retail investors
Couldn't be more bearish on TA side
We rate this bank as underperform and recommend as relative sell action
小小机构 will not initiate any long positions in 1 month
YMYD
We are still seeing this is best management ever bank in China mainland.
Good balance on cash debt, aggressive M&A,
Long term loyalty program on next generation retail services
Bad side:
Large institutions is trying to unload
Crazy over margin retail investors
Couldn't be more bearish on TA side
We rate this bank as underperform and recommend as relative sell action
小小机构 will not initiate any long positions in 1 month
YMYD