A China Merchants Bank branch in Guangzhou, in China’s southern Guangdong province. On Friday, the lender reported an interim result in line with expectations. Photo: Bloomberg

China Merchants Bank shares tumble as investors fear escalating trade war could lead to US sanctions

  • Lender’s share price has fallen 13.7 per cent from a recent high reported on June 21
  • Institutional investors are cutting their positions in Chinese banks
Topic |   Banking & Finance

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A China Merchants Bank branch in Guangzhou, in China’s southern Guangdong province. On Friday, the lender reported an interim result in line with expectations. Photo: Bloomberg
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