Bank of Communications Co Ltd Class A
601328: XSHG (CHN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| X.h | LOCK|S>d | LOCK|@JW>Jg |
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.
