Performance and valuation of bank shares: A shares of banking stocks underperformed the broader market. This week the Shanghai index fell 0.62%, banks fell 1.09%, underperformed the broader market. View from the index, joint-stock and city commercial index fell 1.00 percent this week, state-owned banks fell 1.19%, the trend is weaker than the joint-stock and city commercial banks. Valuation of bank shares this week, continue to remain low. Such as the European Central Bank injected liquidity and dollar-expected to stimulate employment growth in Europe, developed market banks stocks rose, quite satisfactory performance in emerging markets, Russia's banking stocks performed well, rising sharply against the market trend.
