The combined A-share market value of China's "Big Four" state lenders surpassed 10 trillion yuan intraday on October 29, setting a historic high. The broader banking index climbed 1.98% at market close, propelled by Bank of Qingdao jumping over 8% and regional peers posting solid gains. The milestone coincided with all three major global rating agencies simultaneously upgrading their risk outlooks for the Chinese banking sector. (ICE PECHINO)

Fonte notizia: caixin