Chinese Banks Lead In Implied Share Price Upside Among Asia-Pacific Peers [Seeking Alpha]
CHINA MRCHNTS BK UNSP/ADR (CIHKY)
NASDAQ:AMEX Investor Relations:
english.cmbchina.com/cmbir/home.aspx
Company Research
Source: Seeking Alpha
A higher upside indicates that analysts see more value in a stock than its current market price, though stocks may not reach analysts' price targets. A pullback in share prices in August may have left many Chinese banks undervalued. AlexLMX/iStock via Getty Images Chinese bank shares trade at the biggest discount to their consensus price estimates among peers in Asia-Pacific, according to S&P Global Market Intelligence data. China Merchants Bank Co. Ltd. ( OTCPK:CIHKY OTCPK:CIHHF ) had an This article was written by Recommended For You
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