Industrial And Commercial Bank Of China Ltd Class A
601398: XSHG (CHN)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
¥9.10 | Bngsz | Gnfwmhpq |
ICBC's Loan Book Expansion Benefits From China's Infrastructure Boom
Business Strategy and Outlook
Industrial and Commercial Bank of China, or ICBC, is China's largest bank. We think its leading scale efficiency and funding advantages endow it with a narrow economic moat.