Study On The Value Investment Of CMB

Mainly used by fund managers and institutional investors at present, Value Investment is such a kind of investment analytical method which is to judge whether the price in the stock market are deviated from the inherent value and to analysis the tendency of the medium and long-term security price when the inherent value is underestimated. The application of traditional value investment theories and models all need a lot of professional knowledge and huge data system, at the same time the necessary data demands to have a long time spans to meet the demand of" the great number theorem ".The change of the market price is often inconsistent with " inherent value " of the stock, so it is difficult for new developing market and most ordinary investors. For these reasons it is of necessity to find a simple and convenient fixed price method to meet the need of market.China Merchants Bank (CMB) which comes into the market early is more representative in the banks of coming into the market. CBM has been considered to be the best bank in China for a long time, for in which management is competent, steady and assured, strategy is clear, carrying out is well. CMB has got the honors of "the best bank", "the best retail bank in China", "the best employers of China" from the authoritative media of local and overseas, and becomes one of the generally acknowledged banks that has influence power of brands most in Chinese banking.This text regards China Merchants Bank (CMB) as the research object, the author tries to analysis the basic overview, management ability, management environment, financial situation and the growth of China Merchants Bank by a new simple and practical method, and to find the advantage and the weakness in the competition, further to know whether CMB has a good growth \core capability\the value of investment for long-term and forecast the overflow and the value investment of CMB in the coming time. Through using the value investment method to analysis the China Merchants Bank, the author wishes eagerly to verify the rationality and validity of the new value investment analytical method by which can play a role in guiding to vast ordinary investors' investment decision certainly.