China Minsheng Banking Corp Ltd Class A
600016: XSHG (CHN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|?vvx!b | LOCK|$^& | LOCK|^TV |
Reduced Cost of Equity Estimates for China Minsheng Bank; Fair Value Estimates Increased
We update our cost of equity assumptions for China Minsheng Bank 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.
