Chinese economy - valuation of bank.

This paper seeks to discover whether China banks are reflecting its true value in their share prices and in achieving this objective, we focus our research on five Chinese banks, namely Bank of China (BOC), Bank of Communications (BoComm), China Construction Bank (CCB), China Merchants Bank (CMB) an...

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Bibliographic Details
Main Authors: Dyeo, Calister Ing Kheng., Lim, Siew Hong., Ong, Rachel Kim Ai.
Other Authors: Cao, Yong
Format: Final Year Project
Published: 2008
Subjects:
Online Access:http://hdl.handle.net/10356/10326
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Institution: Nanyang Technological University
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Summary:This paper seeks to discover whether China banks are reflecting its true value in their share prices and in achieving this objective, we focus our research on five Chinese banks, namely Bank of China (BOC), Bank of Communications (BoComm), China Construction Bank (CCB), China Merchants Bank (CMB) and Industrial and Commercial Bank of China (ICBC). With various data sources from e-databases, finance websites and banks’ financial reports and prospectus, we are able to examine the various valuation methods to obtain the valuation price for comparison and to obtain validity so as to conclude that China Banks are in fact overvalued by the market.