China Merchants Bank Co Ltd Class H
03968: XHKG (HKG)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
HK$49.00 | Vkxyk | Gjtrnlgl |
China Merchant Bank's Revenue Pressures Persist With No Sight of Major Consumption Recovery
Business Strategy and Outlook
China Merchants Bank stands out thanks to its leading position in retail banking business and enviable funding cost advantage, which delivers one of the strongest returns on assets among peers. We believe strong returns and competitive advantages endow it with a narrow economic moat.