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Credit Suisse Lists 2014 Asian Bank Long and Short Picks 2014-01-08 04:49:47.537 GMT
By Jan Dahinten Jan. 8 (Bloomberg) -- Longs incl. Mitsubishi UFJ Financial, Sumitomo Mitsui Financial, Shinhan Financial, Hana Financial, BOC Hong Kong, analysts Sanjay Jain and Vineet Thodge write in report. * Top shorts: State Bank of India, Taishin Financial, Westpac, Maybank, OCBC * Top stocks to watch: Bank Rakyat, Kasikornbank, ICICI as Indonesia, Thailand, India have potential for postive surprise * Stick to developed market banks for now as they fare better on 2014 themes of improved macro-economic backdrop, rise in long bond yields, liquidity/funding constraints * Prefer Japan, Korea; rate Singapore, Hong Kong as market weight; Australia underweight
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--Editor: Grant Clark
To contact the reporter on this story: Jan Dahinten in Singapore at +65-6212-1164 or jdahinten@bloomberg.net
To contact the editor responsible for this story: Jan Dahinten at +65-6212-1164 or jdahinten@bloomberg.net