Bank Of China Ltd Class A
601988: XSHG (CHN)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
¥6.80 | Shhnv | Cxgnrnhqb |
Bank of China Saw Strong Fee Income as Its Wealth Management Business Thrived
Business Strategy and Outlook
Bank of China is the country's fourth-largest bank by assets. Its respected brands, solid expertise in China's cross-border banking services, and cost advantages underpin its narrow economic moat and position it favorably to benefit in the long term from China's increasing integration with the global economy.