ab 13 August 2024 Global Research and Evidence Lab Equities Greater China Banks Daily Far East Horizon H124 results; Chengdu eased criteria for first-home mortgages; Number of listed residential foreclosure houses up by 12%+ YoY in H124 China Banks Far East Horizon: 1H24 earnings missed on macro headwinds & non-core items Far East Horizon (FEH) reported net profit to common shareholders of Rmb2,085m in 1H24, -32% YoY/ -33% HoH, a large miss to our expectation of single-digit percentage decline. Nevertheless ...