外资银行进入中国对中资银行股影响分析（pdf 17）

The US$4 trillion Prize: from "dream" to "race now on"
The CBRC started to accept foreign bank local incorporation applications
on December 11, the fifth anniversary of China’s WTO accession.
Eight banks "invited" to apply for local incorporation, as expected
Eight foreign banks have initially applied for local incorporation (needed to
do Rmb consumer banking), as we expected, with no surprises. Four are
HK-related: HSBC, STAN, BEA, Hang Seng Bank. Also applying: Citigroup,
DBS, ABN AMRO, Mizuho. We expect more applications, in due course.
Detailed guidelines now out, no surprises
The CBRC also released detailed guidelines for locally incorporated foreign
banks, with no surprises, and also confirmed a five-year grace period for
the 75% L/D ratio cap, giving foreign banks plenty of time to grow/build up.
Kudos to China for continued WTO and bank reform progress
We are witnessing two remarkable odysseys for China: the first relating to
WTO accession five years ago and the catalytic effects wrought on China’s
growth and corporate sector reforms, and the second kick-starting bank
reform from 2003 onwards, culminating in market opening moves for the
best/biggest foreign banks, heightened competition for the entire sector.
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上一篇：天线增益的估算（ppt 16）

下一篇：微利时代的利润之路（PPT 49）

财务分析模版及报告讲解(doc 34页)

聚焦西部大开发(ppt 24)

携程财务分析报告

某年宏观经济分析报告(pdf 76页)

某公司财务状况综合分析(doc 43页)

某通信设备公司财务分析报告(doc 15页)