Bank of America only has a limited retail network in China. Given the size of its investment in China Construction Bank, it is more important than the retail branches. |
Jet fuel is the most critical issue for Cathay. The outlook depends on oil prices. |
Passenger demand is robust and the cargo business should show healthy growth. |
The gains have got more to do with the interest-rate cycle and expectations that it's very near to the peak. Property will be the obvious beneficiary. |