China Merchants Bank seen positioned for long-term wealth gains
DBS Group Research analysts say China Merchants Bank remains poised to capture China’s medium-to-long-term wealth opportunities. The wealth management segment is viewed as key fee income, supporting steady growth this year despite near-term challenges.
China Merchants Bank remains poised to capture China's medium-to-long-term wealth opportunities despite near-term challenges, say DBS Group Research analysts in a note.
The wealth management segment remains the lender's key fee income contributor and should offer steady growth this year, even as ba…