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China Construction Bank (HKSE:00939) 6-Month Price Index : 1.13 (As of Dec. 15, 2024)


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What is China Construction Bank 6-Month Price Index?

6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago. It’s calculated by current share price divided by share price 6-months ago. As of today (2024-12-15), China Construction Bank's 6-Month Price Index is 1.13.

Competitive Comparison of China Construction Bank's 6-Month Price Index

For the Banks - Diversified subindustry, China Construction Bank's 6-Month Price Index, along with its competitors' market caps and 6-Month Price Index data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

China Construction Bank  (HKSE:00939) 6-Month Price Index Calculation

6-Month Price Index is calculated as following:

6-Month Price Index=Current Share Price / Share Price 6-Months Ago

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

China Construction Bank  (HKSE:00939) 6-Month Price Index Explanation

Price Index (PI) also called momentum. Strategies involving Price Index are also known as momentum strategies as they allow investors to profit from a company’s stock price. 6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago.

The investment strategy for momentum investors is to buy winners and sell losers. That is, buy stocks that performed well and sell stocks that performed poorly in the past.

China Construction Bank 6-Month Price Index Related Terms

Thank you for viewing the detailed overview of China Construction Bank's 6-Month Price Index provided by GuruFocus.com. Please click on the following links to see related term pages.

China Construction Bank Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » China Construction Bank Corp (HKSE:00939) » Definitions » 6-Month Price Index
Comparable Companies
SHSE:601988 SHSE:601288 SHSE:601398 SHSE:601328 JPM BAC WFC TSX:RY ASX:CBA LSE:HSBA ASX:NAB TSE:8306 C XSWX:UBSG TSX:TD TSE:8316 ASX:WBC TSX:BNS XMAD:SAN TSX:BMO
Traded in Other Exchanges
CICHY:USA CICHF:USA C6T:Germany 601939:China
Address
No. 25, Finance Street, Xicheng District, Beijing, CHN, 100033
Website
http://www.ccb.com
China Construction Bank is the second-largest bank in China, with headquarter in Beijing. The bank went public on the Hong Kong Stock Exchange in 2005 and listed shares in mainland China in 2007. Central Huijin Investment, China's sovereign wealth fund manager is the largest shareholder with a 57% share. Fullerton Financial Holdings (a subsidiary of Temasek) is the company's second-largest shareholder with a 4.99% stake. CCB strives to provide customers with comprehensive financial services. Corporate banking, retail banking, and wholesale banking business segments accounted for 36%, 57%, and 7% of profit before tax, respectively, in 2022.

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