Option chain shows key data for China Merchants Bank's stock options at various strike prices and expiration dates. Traders use this information to analyze potential trades and assess market sentiment for China Merchants Bank.

China Merchants Bank (OTC:CIHKY) Stock, Option Chain

CHINA MERCHANTS BANK

China Merchants Bank was founded in 1987 and is headquartered in Shenzhen. The bank is China's seventh-largest listed bank by assets, with the largest distribution network among China's joint-stock banks. CMB's network has been expanding rapidly. Its outlets are located mainly in China's more developed areas, including the Pearl River and Yangtze River deltas. The firm has 18% and 82% of its shares listed on the Hong Kong and Shanghai exchanges, respectively. It has no foreign strategic investors. China Merchants Group is its largest shareholder, with a 30% stake. Retail banking, corporate banking, and wholesale banking accounted for 57%, 41%, and 2% of total profit before tax, respectively, and 56%, 41%, and 3% of total revenue in 2023.

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JPMorgan Chase &amp; Co (NYSE: JPM) is in plans to set up another wealth management joint venture in China, reports Bloomberg.

JPMorgan In Talks For Another Wealth Management Joint Venture In China: Report

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The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga.

The November rally in U.S. equities may be garnering most of the attention (especially as we get closer to having a COVID-19 vaccine) but don’t sleep on China.

Wall Street Remains Bullish On China

CHINA MRCHNTS BK UNSP/ADR by China Merchants Bank Co., Ltd.

China Merchants Bank Co Ltd

China Merchants Bank

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