China Citic Bank Corp Ltd Class A
601998: XSHG (CHN)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
¥4.20 | Svdjn | Rgqv |
CCB and China Citic Earnings: Revenue Growth Further Declined as NIM Headwinds Continued
We retain our fair value estimates for China Construction Bank, or CCB, at HKD 6.20 per H-share (CNY 6.00 per A-share) and China Citic Bank, or Citic, at HKD 5.70 per H-share (CNY 5.20 per A-share) as both results were largely in line.