China Citic Bank Corp Ltd Class A

601998: XSHG (CHN)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	¥1.80	Gpkf	Tlvxs

CCB and China Citic Earnings: Revenue Growth Further Declined as NIM Headwinds Continued

Iris Tan

Oct 27, 2023

We retain our fair value estimates for China Construction Bank, or CCB, at HKD 6.20 per H-share (CNY 6.00 per A-share) and China Citic Bank, or Citic, at HKD 5.70 per H-share (CNY 5.20 per A-share) as both results were largely in line.

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