Bank of Communications Co Ltd Class A
601328: XSHG (CHN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|?T | LOCK|p^# | LOCK|tG?$>J |
Reduced Cost of Equity Estimates for Bank of Communications; Fair Value Estimates Increased
We update our cost of equity, or COE, assumptions for Bank of Communications, or Bocom, to reflect a combination of recent industry developments, including weaker-than-expected year-to-date loan growth, a modest May interest rate cut, and policies to curb pricing competition among banks.
