Ping An Bank Co Ltd Class A
000001: XSHE (CHN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.d | LOCK|^^< | LOCK|>g#^%x |
Ping An Bank: Reduced Cost of Equity Assumption Increases Fair Value Estimate
We have updated our cost of equity assumption for Ping An Bank to reflect 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.
