China Construction Bank Favored, Werner Says

China Construction Bank Favored, Werner Says Play

March 28 (Bloomberg) -- Mike Werner, an analyst at Sanford C. Bernstein & Co., talks about the outlook for China's financial industry. China’s largest banks capped a sixth year of record profits by posting a 21 percent average return on equity, more than twice the rate earned by U.S. and European rivals led by JPMorgan Chase & Co. Werner speaks in Hong Kong with Susan Li on Bloomberg Television's "First Up." (Source: Bloomberg)

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