Crunch puts Big Four valuations near record lows
Mainland banks' valuations are close to their lowest on record after an interbank funding crisis last month exacerbated investors' concerns that earnings growth will stall and defaults may surge as the economy slows.
via Business feed http://www.scmp.com/business/banking-finance/article/1274210/crunch-puts-big-four-valuations-near-record-lows