China Construction Bank (939)
5.18 HKD +0.05 (+0.97%) Volume: 364.3M
China Construction Bank’s stock price stands at 5.18 HKD, marking a promising increase of +0.97% this trading session, with a notable trading volume of 364.3M. The bank’s stock continues to show positive growth YTD, with a significant rise of +11.40%, asserting its strong market position.
Latest developments on China Construction Bank
[“China Construction Bank H posts strong quarterly results”, “China’s economy shows signs of recovery”, “China Construction Bank H announces plans for expansion”]China Construction Bank H stock price today reflects a series of recent key events. Strong quarterly results coupled with signs of economic recovery in China have bolstered investor confidence. The bank’s announcement of expansion plans further fuels optimism, driving stock price movements upward.
China Construction Bank on Smartkarma
Analysts on Smartkarma, such as Daniel Tabbush, have provided coverage on China Construction Bank H. In a recent report titled “CCB- Housing Rental Subsidiary Listing May Be Overshadowed By Weak Credit Metrics,” Tabbush expresses a bearish sentiment. The report highlights that CCB plans to list its subsidiary China Housing Rental, but the benefits may be overshadowed by weak credit metrics. Despite the potential listing, the bank’s credit costs are showing signs of weakness, with a notable increase in non-performing loans.
The analysis points out that CCB’s declining and benign credit costs may not be sustainable, as loss NPLs have increased significantly compared to total NPLs. The report raises concerns about the bank’s credit quality despite the upcoming subsidiary listing. Investors can access more detailed insights and research reports on China Construction Bank H by visiting Smartkarma and exploring the research published by independent analysts like Daniel Tabbush.
A look at China Construction Bank Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 5 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 4.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
China Construction Bank H is showing strong performance across various factors according to Smartkarma Smart Scores. With a high score in Dividend and Momentum, the company is poised to provide steady returns to investors and maintain positive market momentum. Additionally, its Value and Growth scores indicate a solid foundation for long-term growth potential. While the Resilience score is slightly lower, the overall outlook for China Construction Bank H remains positive.
As a leading provider of commercial banking products and services in China, China Construction Bank Corporation is well-positioned to capitalize on its strong Smart Scores. With a focus on corporate banking, personal banking, and treasury operations, the company offers a comprehensive range of services to its customers. Additionally, its expertise in infrastructure loans, residential mortgages, and bank cards further solidify its position in the market. Overall, China Construction Bank H‘s Smart Scores reflect a promising long-term outlook for the company.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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