Summary by Moomoo AI
China Merchants Bank (IPO) issued its Annual Capital Adequacy Report in 2023, detailing the company's capital management, risk control and future outlook. The report shows that the tender continued to implement a superior approach to capital management and met capital adequacy regulatory requirements by the end of 2023. The main operating activities of the tender during the reporting period included the three major areas of wealth management, fintech and risk management, with further strengthening in terms of market competitiveness. In addition, the offering won the European Monetary Fund “Best Bank of China” award for five consecutive years and ranked 11th in the Bankers Global Banking Top 1000 list. The report also noted that the tender conducted a comprehensive review of the Internal Capital...Show More