They are all in it up to their necks in land deals and loans. That is the epicentre of their problems. The scale back in IPO's is a tell-tale sign. The banks don't want to lend to each other why should anyone else 'lend' to them by buying their shares. They are trying to avoid an IPO failure. Just as Italy had a bond failure today.

We are nearing a crunch point. A BIG one.

If the German courts do as rumoiured and strike down the Germany's agreement to the Greece Bail outn find then watch out below.

Interesting names these institutions bear. Although Agricultural Bank may not sound more ominous than Credit Agricole, but "Bank of Communications"? Exposed mostly to the charlatanery of PR business? Any reason you know of to suggest that Chinese banks are especially exposed to just one sector of the economy, making it less diversified and riskier? (Apart from real estate, that will sink them anyway).