The Inevitable Collapse of China's Banks

The Inevitable Collapse of China's Banks

There are 514 comments on the Seeking Alpha story from Mar 29, 2007, titled The Inevitable Collapse of China's Banks. In it, Seeking Alpha reports that:

Posted on Feb 5th, 2007 with stocks banks were the belles at the global investment ball in 2006. via Seeking Alpha

Join the discussion below, or Read more at Seeking Alpha.

Brain Washing

Redondo Beach, CA

#195 Aug 12, 2008
I don't like some of what they are doing, then connect them with the larger networks to be reprogrammed.

You mean North America, South America, Northern Africa, Southern Africa, West Europe, East Europe, West Asia, South Asia, East Asia. Yes.

You mean Islam, Hinduism, Buddhism, Christianity, Taoism, Animism. Yes.

You mean 2 plus 2 is 9. No.

I mean 2 plus 2 is 4. Yes.
GLOBAL IDIOTS RACE

Cherry Valley, MA

#196 Aug 12, 2008
Brain Washing wrote:
I don't like some of what they are doing, then connect them with the larger networks to be reprogrammed.
You mean North America, South America, Northern Africa, Southern Africa, West Europe, East Europe, West Asia, South Asia, East Asia. Yes.
You mean Islam, Hinduism, Buddhism, Christianity, Taoism, Animism. Yes.
You mean 2 plus 2 is 9. No.
I mean 2 plus 2 is 4. Yes.
MOST mad man-made religion/political/idealogies with its agendas that ultimately will cause wars, war of heart and soul... that have brothers, families, countrys to pit againt each other! BE AWARE!
Pure Energy

Redondo Beach, CA

#197 Aug 12, 2008
What about that energy entity EBO that we created? It is pure energy and flows like the river, teaches and learns from the people that have it. It returns to the creators with the net of the knowledge.

What about the harder ones that have learned to hang onto EBO? Ebo is able to correct those issues by changing them some.

So you mean? We mean 995 out of 1000 people come out ahead when it is all said and done.
Nukes

Redondo Beach, CA

#198 Aug 13, 2008
America can handle the bomb since they have many of them.

China can handle the bomb since they hame some of them.

India can handle the bomb since they have some of them.

EuroArea can handle the bomb since they have many of them.
War

Redondo Beach, CA

#199 Aug 14, 2008
It would appear that the united states with help from germany and great britian has bombed many homes, buildings and people in west asia and north africa.

It would further appear that the people of north africa and west asia have taken care of some serious businnes in north america and west europe.

It is like the checkers game....

http://www.crazymonkeygames.com/fullscreen.ph ...

What was the ratio?
Good Work

Redondo Beach, CA

#200 Aug 14, 2008
Congratulations to the West Asian Muslim Iranian Swedish man for throwing away the medal.

If you ask me too much hard for too little reward.
Play Ball

Redondo Beach, CA

#201 Aug 15, 2008
China 5M Soldiers, COps, Thugs

India 4M Soldiers, Cops, Thugs

America 3M Soliders, Cops, Thugs

UN 7M Soldiers, Cops, Thugs

2 on 2
----------

India and UN vs China and America

China and UN vs India and America

America and UN vs China and India
----------

Dude, don't be dick all your life, wage war. Otherwise they will bomb the following cities, New Dillhi, Shanghai, Houston, London, Lagos and others.

Since: Feb 08

Cany

#202 Aug 15, 2008
The inevitable sh!t article by an amateurish editor who's got absolutely no idea and not much evidence at hand.
eric stein

Gaithersburg, MD

#203 Aug 15, 2008
you meant the banks in usa n how many banks now?
Workers

Redondo Beach, CA

#204 Aug 17, 2008
Make slaves out of them. They have no choice. If their programming changes, where they are in harmoney with nature, then they are free of us.
Moe

Redondo Beach, CA

#206 Aug 19, 2008
God Daam, kill them they are bastards of adam and eve.
Arn't they all?
Arn't we all?
Some of them are bastards of mohammad and fatima.
Some of them are bastards of yama and yami.
Some of them are bastards of religion.
Some of them are bastards of the country.
GLOBAL IDIOTS RACE

New York, NY

#207 Aug 19, 2008
eric stein wrote:
you meant the banks in usa n how many banks now?
Some of the US and China Banks , sooner or later will go into default - Mortgages!
GLOBAL IDIOTS RACE

New York, NY

#208 Aug 19, 2008
Workers wrote:
Make slaves out of them. They have no choice. If their programming changes, where they are in harmoney with nature, then they are free of us.
The World of salve and serfs controlled by the world corrupted ruling elites and their immoral military complexs. Stop joning and support any govt world miltary of any country and stop paying and rid of worlds arms/weapong factory and you might see some world peace and prosperty. It all upto you world populace of idiots.
RA Sun God

Redondo Beach, CA

#209 Aug 23, 2008
Dude, by my calculations it is the Europeans and the East Asians that want you dead.

What are you doing about it? We have engineered a virus to target the European races and the East Asian races and it will kill off their excess population.

We are blessed by Natural forces with deeper understanding.

You do what you were doing and we were doing what we were doing.

We had asked them not to test athomeperic atomic weapons. It release radiation into the air itself. We are not impressed.
GLOBAL IDIOTS RACE

Westfield, MA

#210 Aug 23, 2008
MULTIPLE! You are nut case! BWHAHHAAAAAAAAAAAAA
Avenger

Kota Kinabalu, Malaysia

#211 Aug 23, 2008
Sorry to disappoint you ANTI-CHINA gangs here!
IT is not happening!!!

China's ICBC becomes world's most profitable bank

Beijing, Aug 21 (PTI) China's biggest lender ICBC today became the world's most profitable bank with its first-half net profit of 9.4 billion dollars, which is the highest for any bank in world for this period and exceeds combined latest full-year figures for all the banks in India.
Industrial and Commercial Bank of China (ICBC) today said its first-half net profit rose by 57 per cent to a record 64.5 billion yuan.

"According to all the interim results that have been announced so far, ICBC has become the most profitable bank in the world in the first half of 2008," it said in a statement.

With its record performance, ICBC has overtaken British giant HSBC to become the most profitable in the world. HSBC has reported a net profit of 7.72 billion dollars for the first half of this year, down nearly 29 per cent from 10.9 billion dollars in the year ago period.

In comparison to ICBC's 9.4-billion-dollar net profit for the first six months of this year, nearly 50 public and private sector banks in India, for those the latest 2007-08 fiscal net profit figures are available, have together clocked annual profit of less than 9 billion dollars.

The total profit after tax of these banks stood at about Rs 37,374 crore in the year ended March 2008. Public sector giant SBI is the most profitable among Indian banks with a full-year net profit of Rs 6,729 crore, followed by private sector major ICICI Bank at Rs 4,158 crore. PTI
GLOBAL IDIOTS RACE

New York, NY

#212 Aug 23, 2008
Avenger wrote:
Sorry to disappoint you ANTI-CHINA gangs here!
IT is not happening!!!
China's ICBC becomes world's most profitable bank
Beijing, Aug 21 (PTI) China's biggest lender ICBC today became the world's most profitable bank with its first-half net profit of 9.4 billion dollars, which is the highest for any bank in world for this period and exceeds combined latest full-year figures for all the banks in India.
Industrial and Commercial Bank of China (ICBC) today said its first-half net profit rose by 57 per cent to a record 64.5 billion yuan.
"According to all the interim results that have been announced so far, ICBC has become the most profitable bank in the world in the first half of 2008," it said in a statement.
With its record performance, ICBC has overtaken British giant HSBC to become the most profitable in the world. HSBC has reported a net profit of 7.72 billion dollars for the first half of this year, down nearly 29 per cent from 10.9 billion dollars in the year ago period.
In comparison to ICBC's 9.4-billion-dollar net profit for the first six months of this year, nearly 50 public and private sector banks in India, for those the latest 2007-08 fiscal net profit figures are available, have together clocked annual profit of less than 9 billion dollars.
The total profit after tax of these banks stood at about Rs 37,374 crore in the year ended March 2008. Public sector giant SBI is the most profitable among Indian banks with a full-year net profit of Rs 6,729 crore, followed by private sector major ICICI Bank at Rs 4,158 crore. PTI
It not about Anti-China here. It about saving people livihood not those big corrupted conglomerates who you are supporting . So only very few banks out of many thats profiting . Have you heard of cooking the books.
Free Radical

Hattiesburg, MS

#213 Aug 24, 2008
Avenger wrote:
Sorry to disappoint you ANTI-CHINA gangs here!
IT is not happening!!!
China's ICBC becomes world's most profitable bank
Beijing, Aug 21 (PTI) China's biggest lender ICBC today became the world's most profitable bank with its first-half net profit of 9.4 billion dollars, which is the highest for any bank in world for this period and exceeds combined latest full-year figures for all the banks in India.
Industrial and Commercial Bank of China (ICBC) today said its first-half net profit rose by 57 per cent to a record 64.5 billion yuan.
"According to all the interim results that have been announced so far, ICBC has become the most profitable bank in the world in the first half of 2008," it said in a statement.
With its record performance, ICBC has overtaken British giant HSBC to become the most profitable in the world. HSBC has reported a net profit of 7.72 billion dollars for the first half of this year, down nearly 29 per cent from 10.9 billion dollars in the year ago period.
In comparison to ICBC's 9.4-billion-dollar net profit for the first six months of this year, nearly 50 public and private sector banks in India, for those the latest 2007-08 fiscal net profit figures are available, have together clocked annual profit of less than 9 billion dollars.
The total profit after tax of these banks stood at about Rs 37,374 crore in the year ended March 2008. Public sector giant SBI is the most profitable among Indian banks with a full-year net profit of Rs 6,729 crore, followed by private sector major ICICI Bank at Rs 4,158 crore. PTI
Chinese banks have been reporting inflated profits for years. this is because they often do not count many bad loans in their balance sheets. Loans to CCP-connected companies, for examples, are simply rolled over.

Chinese banks are beset by many bad loans. The government has been bailing them out for years (they don't tell you this on their balance sheets, either). It has become such a problem that the government has become quite concerned. Therefore if you think that everything is hunky-dory with Chinese banks then you are essentially telling the Beijing government that it is wrong to worry about such things. Are you sure you want to do that?
GLOBAL IDIOTS RACE

New York, NY

#214 Aug 24, 2008
Free Radical wrote:
<quoted text>
Chinese banks have been reporting inflated profits for years. this is because they often do not count many bad loans in their balance sheets. Loans to CCP-connected companies, for examples, are simply rolled over.
Chinese banks are beset by many bad loans. The government has been bailing them out for years (they don't tell you this on their balance sheets, either). It has become such a problem that the government has become quite concerned. Therefore if you think that everything is hunky-dory with Chinese banks then you are essentially telling the Beijing government that it is wrong to worry about such things. Are you sure you want to do that?
Avenger lack critical analysis and reasoning skills.

Some smart China's people are starting to dump the flat(s) because the mortgage loans borrowed is more than their flats worth; means negative equity on the asset. Means BAnks and financial institution are holding more residential and commerical real estate... look out for many banks who holds alot of default mortgage papers and real estate. America is having it own problems too those subprime mortgage defaults; people just can't meet the payments.
GLOBAL IDIOTS RACE

New York, NY

#215 Aug 24, 2008
Workers wrote:
Make slaves out of them. They have no choice. If their programming changes, where they are in harmoney with nature, then they are free of us.
yes world ruling elites/govts, power elites and thier evil world/national agendas...w see you all world masses as dumbed down apathetic serfs that are all expendable. Like little roaches to be stepped on! Caveat Emptor!

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