Fides’ Take: China Merchant Bank Co. (3968 HK)
China Merchants Bank Co (3968 HK)Current shareprice: HKD37.30Target price: HKD38.97Potential yield: +4.5% We maintain a BUY action on this counter. Let’s take a look at the insights of the bank. China Merchants Bank Co., Ltd. (the Bank) is a China-based commercial bank. The Bank operates its businesses through three segments, which are Wholesale Finance segment,…