Agricultural Bank of China Ltd Class H
01288: XHKG (HKG)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
HK$6.30 | Lnqhy | Lfxxrfkc |
ABC's Near-Term Loan Growth Benefits From Policy Tailwinds in Rural Banking
Business Strategy and Outlook
The country's third-largest bank by assets, Agricultural Bank of China boasts a dominant position in county areas and sector-leading network scale that reward it with enviably low funding costs and a narrow economic moat.