Big banks in Asia look set to jump — and these stocks may leap the most

Big banks in Asia are poised for a comeback as the global economy recovers. Share prices of some major banks have soared — some by more than 30% this year, and estimates from data analytics firm Refinitiv show further upside. Banks are among the so-called cyclical stocks that rise and fall as the economy rises or falls. They dropped out of favor over the past year as Covid-19 hit global growth, and as falling interest rates squeezed their margins.
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