[New post] DBS: China Merchants Bank Co Ltd – BUY TP CNY67.40

alanyeo posted: " Focus on enhancing value Expect management service fee to expand by c.20% CAGR in FY22-24F led by its extensive wealth management strategy Asset quality to remain resilient on optimized loan structure and upgraded risk management proceduresExpect" DBS: China Merchants Bank Co Ltd – BUY TP CNY67.40 alanyeo Apr 24 Focus on enhancing value Expect management service fee to expand by c.20% CAGR in FY22-24F led by its extensive wealth management strategy  Asset quality to remain resilient on optimized loan structure and upgraded risk management procedures Expect less impact on NIM with its strong retail arm  Reinstate coverage with BUY and TP at HK$ 79 Read more of this post Comment Like Unsubscribe to no longer receive posts from Alpha Edge Investing. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://alphaedgeinvesting.com Powered by WordPress.com