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Standard Chartered, in its latest research report, said the Mainland's financial system is under enormous pressure, and more stimulus measures may be introduced over the next 3-6 months. The Bank expects that the interest rate will be cut by 25 bps in the first quarter next year, and the PBOC may adopt liquidity management tools more frequently. Positive sentiment is expected in the banking sector in the next three months.

The Bank is more bullish on CM BANK (03968.HK)  +0.400 (+2.688%)    Short selling $46.03M; Ratio 10.295%   , which is rated Outperform with target set at $18.5

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