China Citic Bank Corp Ltd Class A
601998: XSHG (CHN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| ^.> | LOCK|>rD | LOCK|&#C%w& |
Reduced Cost of Equity Estimates for China Citic Bank; Fair Value Estimates Increased
We update our cost of equity assumptions for China Citic 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.
