Industrial Bank Co Ltd Class A
601166: XSHG (CHN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| gb | LOCK|?@ | LOCK|G^Xy%rm |
Reduced Cost of Equity Estimates for China Industrial Bank; Fair Value Estimate Increased
We update our cost of equity assumptions for China Industrial Bank, or CIB, 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.
