Since this year, the stock prices of the three major banknote issuing banks in Hong Kong have all risen by more than 30%, and their net market ratios have all reached historic highs. At present, the PB of the three major banknote issuing banks has all risen above the 98% quantile in the past five years. Among them, HSBC and Standard Chartered have even broken through the 99% quantile in the past ten years. The @21世纪经济报道 reporter noticed that out of the current 30 banks listed on the Hong Kong Stock Exchange, there are only three banknote issuers with a net market ratio greater than 1: HSBC, Standard Chartered, and Bank of China. All other banks are in a “broken” state. Currently, the PB of China Merchants Bank's H shares is 0.99 times, while the PB of H shares of the four major state-owned banks is only 0.6 to 0.7 times.
Zhitongcaijing · 1d ago
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Since this year, the stock prices of the three major banknote issuing banks in Hong Kong have all risen by more than 30%, and their net market ratios have all reached historic highs. At present, the PB of the three major banknote issuing banks has all risen above the 98% quantile in the past five years. Among them, HSBC and Standard Chartered have even broken through the 99% quantile in the past ten years. The @21世纪经济报道 reporter noticed that out of the current 30 banks listed on the Hong Kong Stock Exchange, there are only three banknote issuers with a net market ratio greater than 1: HSBC, Standard Chartered, and Bank of China. All other banks are in a “broken” state. Currently, the PB of China Merchants Bank's H shares is 0.99 times, while the PB of H shares of the four major state-owned banks is only 0.6 to 0.7 times.
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