Added to YB: 2026-08-13
Pitch date: 2026-08-10
3698.HK [neutral]
Huishang Bank Corporation Limited
-0.41%
current return
Author Info
No bio for this author
Company Info
Huishang Bank Corporation Limited, together with its subsidiaries, provides various commercial banking products and services in Anhui, Jiangsu, and internationally.
Market Cap
HKD 57.5B
Pitch Price
HKD 4.88
Price Target
N/A
Dividend
6.04%
EV/EBITDA
N/A
P/E
3.63
EV/Sales
N/A
Sector
Banks
Category
value
4x P/E, 6% Dividend, and Exposure to CXMT? - Huishang Bank Corporation Limited
3698.HK (overview): Anhui city commercial bank at 3.6x P/E, 0.35x P/B, 11% ROE, 6% div yield. Assets RMB2.3T (+15%), loans +13%, low RE exposure (7%), NPL 0.98%. NIM compressing to 1.49% on rate cuts. Early CXMT investor (0.134% stake, unrealized gain ~25% of earnings). Catalysts: HK Stock Connect entry (Mar/26), Zhongjing full share sale, CXMT collaboration. Risk: further rate cuts.
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