China Everbright Bank Co Ltd Sees Increase in Investor Interest

China Everbright Bank Co Ltd has experienced a rise in investor interest, with asset management companies (AMCs) and mutual funds increasing their holdings in the bank.

• AMC China Cinda Asset Management has increased its stake in the bank to 8%.
• Mutual funds have also boosted their holdings in the bank and non-bank financial institutions.

The increase in investor interest has led to a rise in the bank’s stock price. Analysts attribute the growth to the bank’s attractive dividend yield and low price-to-book ratio.

However, some analysts have expressed concerns about the potential impact of narrowing net interest margins and a decline in the property market.

The bank’s stock price has been volatile, but overall, it has been trending upwards.