CHINA MERCHANTS/ADR (OTCMKTS:CIHKY) was upgraded by stock analysts at ValuEngine from a “strong sell” rating to a “sell” rating in a research note issued on Tuesday, ValuEngine reports.

Shares of CIHKY opened at $23.66 on Tuesday. The stock’s fifty day simple moving average is $24.42 and its 200 day simple moving average is $24.19. CHINA MERCHANTS/ADR has a twelve month low of $17.26 and a twelve month high of $27.49.

CHINA MERCHANTS/ADR (OTCMKTS:CIHKY) last issued its earnings results on Wednesday, October 30th. The company reported $0.74 earnings per share for the quarter. The firm had revenue of $9.11 billion during the quarter.


China Merchants Bank Co, Ltd. provides various wholesale and retail banking products and services in the People's Republic of China and internationally. It operates through Wholesale Finance Business, Retail Finance Business, and Other Business segments. The company offers time, demand, call, notice, and RMB deposits; and deposit, current, and capital accounts.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

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