Industrial and Commercial Bank of China Limited Class A 601398

China's finance ministry is leading a combined 360 billion yuan (€46.1bn) capital injection into eight state-owned banks and insurers, a coordinated effort to strengthen balance sheets strained by weak lending, low interest rates and government instructions to prop up the stock market.View on euronews

Industrial and Commercial Bank of China stock has delivered a strong 3 year return, yet current valuation checks send a more mixed signal about how much upside may still be priced in. For investors, the key issue is how to weigh that performance against a stock that screens as undervalued on some metrics but not across the board. Over the past 3 years, Industrial and Commercial Bank of China has returned 145.9%, which puts recent gains front and center in any assessment of how much value is...