中国银行洞察_2026 手册_资金流动与政策基本面China Banks Insight_ Handbook 2026_ Fundamentals over flows & policies

China Banks Insight Equities Handbook 2026: Fundamentals over flows & policies China Disclosures & Disclaimer This report must be read with the disclosures and the analyst certifications in the Disclosure appendix, and with the Disclaimer, which forms part of it. Commercial Banks Gary Lam*, CFA Head of Greater China Financials Research The Hongkong and Shanghai Banking Corporation Limited gary.lam@hsbc.com.hk +852 2996 6926 How share price drivers are evolving: Global investors have asked why China banks ha ...