China bank stocks face crisis of confidence over bad debt risk

Investors see uncertainty over extent of lenders' nonperforming loans

20231113N Yuan bank notes REUTERS

A machine counts yuan banknotes at a commercial bank in Beijing. © Reuters

NORIYUKI DOI, Nikkei staff writer

SHANGHAI -- Shares in Chinese banks are languishing at near-record-low valuations as investors cast a wary eye on lenders' exposure to the troubled real estate sector.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.