China Merchants Bank Co. (OTCMKTS:CIHKY - Get Free Report)'s stock price gapped down prior to trading on Tuesday . The stock had previously closed at $32.18, but opened at $30.6301. China Merchants Bank shares last traded at $32.2050, with a volume of 8,791 shares.
China Merchants Bank Stock Down 0.3%
The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 0.12. The business has a fifty day simple moving average of $31.19 and a two-hundred day simple moving average of $31.67. The company has a market capitalization of $161.76 billion, a price-to-earnings ratio of 8.14 and a beta of 0.29.
About China Merchants Bank
(
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China Merchants Bank OTCMKTS: CIHKY is a major Chinese commercial bank headquartered in Shenzhen. Established in 1987 as one of the country’s early joint-stock commercial banks, it has grown into a full-service banking group serving individual, small and medium-sized enterprise (SME), and corporate clients. The bank is part of the broader China Merchants Group ecosystem and maintains listings on domestic and international exchanges to facilitate investor access.
The bank’s core businesses encompass retail banking, corporate and commercial banking, private banking and wealth management, credit cards, transaction banking and trade finance, treasury and markets, and asset management.
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