Industrial And Commercial Bank Of China Ltd Class A
601398: XSHG (CHN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|>L | LOCK|&^QP | LOCK|%nm&tXQ |
China's Big Four State-Owned Banks Get Fee-Income Boost to Profit, but Margins Are Still Pressured
China's Big Four state-owned banks reported divergent September-quarter performances due to fee-based activities and asset mix. Year-to-September net profit recovered to growth of 0.3%-3% year on year, helped in part by lower provision expenses.
United States