Why are these major banks all rising like this recently? I really don’t understand why even China Construction Bank and Industrial and Commercial Bank are turning red again. It was still sluggish this morning, and suddenly there’s talk of high dividends. ICB is being watched for its ROE, while CCB at least looks somewhat decent on the board.
But looking back, Agricultural Bank is just crawling slowly, and even a 0.5% change keeps me hesitating for half an hour.
Now Bank of China is even dealing with SMS scams… Are people trading on performance or a sense of security? Brokerages are raising their ratings louder and louder—stay rational.
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