SEHK:1658Banks
Postal Savings Bank Of China (SEHK:1658) Gains Ground, Is The Valuation Still Reasonable?
Postal Savings Bank of China (SEHK:1658) has drawn fresh attention after recent share gains over the past month, with the stock now at HK$5.42 and multi‑year total returns above 40%.
Recent trading has been gently supportive, with Postal Savings Bank of China posting a 9.73% 1 month share price return and a 7.65% 3 month share price return, while longer term investors are still sitting on a 62.47% 3 year total shareholder return, which suggests that momentum has been building rather than...