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China bank is attractive and a dividend play

Writer's picture: Doc MikeDoc Mike

At present, valuation of China bank is very attractive and a dependable dividend play. They just released share dividend of 8% from Ex-date. we recommended this stock last October for lower P/E of 12 compared to the average industrial P/E of 16 and higher dividend yield compared to its peers. It is consistently managing its fundamental indicator at par with others. Making it number 2 in our priority rank investments for bank.

Good luck and God bless,

Doc Mike


 
 
 

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