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China Merchants Bank Co Ltd Class H (3968.HK) — chart, structure and Closelooknet read

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Signals for this name

Every Closelooknet reading that exists for 3968.HK, from the same nightly bakes the boards use. Research diary readings, not advice.

Weather around the name 3 macro readings: Money Temperature, Factor regime, Sovereign pressure

The weather around this name

Macro readings that apply by membership — the regime, the factor tape, the sector cell, the funding backdrop.

  • Money Temperature Composite 61/100 · S&P 500 fund at 75, bullish alignedEight instruments scored on position, momentum, volume, volatility and fragility — the regime every name trades inside. Temperature lab → 2026-10-06
  • Factor regime Momentum leading — risk appetite buildingMomentum against low volatility (SPMO / SPLV): above its 50-day trend, 98th percentile of the window, +5.7% over 20 sessions. Factor regime → 2026-10-06
  • Sovereign pressure Index 0.74 · up 0.17 over 21 sessionsG7 long-end yields, 10s30s and the slope — the funding weather for every balance sheet on this site. Sovereign pressure → 2026-10-06

Company snapshot — China Merchants Bank Co Ltd Class H

3968.HK in five paragraphs: what it makes and sells, where it sits in the Closelooknet stack, who it is priced against, why we track it, what we watch. Research diary, not advice.

What it does
China Merchants Bank runs a full banking business split into wholesale, retail and other finance lines. It offers deposit accounts, mortgage and vehicle loans, credit cards, wealth-management funds, trade finance and cross-border settlement, and adds custody, private banking and forex services. Outside mainland China it operates through offices in Hong Kong, New York, London, Singapore, Luxembourg and Sydney. It is headquartered in Shenzhen and was founded in 1987.
Where it sits in the stack
China Merchants Bank holds no seat in our index and sits outside the AI build-out stack entirely. It belongs to the banking sleeve of the diary's wider financial-services coverage, tracked for credit demand and wealth-management flows in China rather than any hardware or software layer.
Who it is priced against
The diary has not set a peer group for this name. The comparison the market draws is with Industrial and Commercial Bank of China, one of the state-owned lenders it competes against for deposits and corporate lending.
Why Closelooknet tracks it
China Merchants Bank carries no index seat and no Closelooknet score, and the diary has logged no quotes or edition mentions for it. Coverage here runs to chart tracking and sector placement only.
What the diary watches
The diary watches whether retail lending and wealth-management inflows keep growing faster than the wholesale banking book, since that balance would mark a shift in the bank's revenue mix.

China Merchants Bank Co Ltd Class H (3968.HK) trades on the HK exchange in China.

Written from the company’s public profile and Closelooknet’s own readings, 2026-09-17. Descriptive, refreshed with the registry; corrections welcome via the imprint. closelook.net is an investment research diary — market structure, index membership and scores are our own readings, not investment advice. Related: index compare · sector dispersion · scanner.

Dividends and capital return trailing yield 4.51%, semi-annual · last 1.18 HKD on 2026-07-02

Dividends and capital return

What 3968.HK pays out and buys back — distributions read from the price series, money terms from the filings.

  • Trailing 12 months 2.30 HKD per share · a 4.51% yield on the 2026-10-06 close 2 distributions, paid twice a year 2026-10-06
  • Change on the year +5.0% against the prior twelve months prior twelve months 2.19 HKD per share
  • Last distribution 1.18 HKD per share as the price series records it, within days of the ex-date 2026-07-02
  • By calendar year 2025: 2.19 HKD (partial) · 2026: 2.30 HKD to date first distribution recorded in the three-year window: 2025-07-03

Per-share amounts are derived from the adjusted price series in the listing currency, so dates sit within days of the ex-date; filing figures come from the fundamentals feed for the last reported fiscal year. An investment diary, not a recommendation.

FAQ · from the current data · as of 2026-10-07

Quick answers

What is China Merchants Bank Co Ltd Class H (3968.HK)?

China Merchants Bank Co Ltd Class H trades as 3968.HK on the HK exchange (China) in the Closelooknet research universe, as of the registry build of 2026-10-07.

Is 3968.HK in a Closelooknet index?

Not currently — China Merchants Bank Co Ltd Class H is tracked in the Closelooknet research universe but is not a constituent of a Closelooknet functional index as of 2026-10-07.

Where does 3968.HK trade against its moving averages?

Uptrend stack intact: Trades +1.2% vs the 50-day and +4.5% vs the 200-day average, 4.8% below the 52-week high and +20.4% off the 52-week low; a golden cross printed 18 sessions ago. Computed from daily closes. As of 2026-10-06 — a technical state from the nightly Closelooknet bake, not advice. The Technical tab carries the full row.

What does China Merchants Bank Co Ltd Class H do?

China Merchants Bank runs a full banking business split into wholesale, retail and other finance lines. It offers deposit accounts, mortgage and vehicle loans, credit cards, wealth-management funds, trade finance and cross-border settlement, and adds custody, private banking and forex services. Outside mainland China it operates through offices in Hong Kong, New York, London, Singapore, Luxembourg and Sydney. The diary has not set a peer group for this name. The comparison the market draws is with Industrial and Commercial Bank of China, one of the state-owned lenders it competes against for deposits and corporate lending.

Where does China Merchants Bank Co Ltd Class H sit in the AI build-out?

China Merchants Bank holds no seat in our index and sits outside the AI build-out stack entirely. It belongs to the banking sleeve of the diary's wider financial-services coverage, tracked for credit demand and wealth-management flows in China rather than any hardware or software layer. China Merchants Bank carries no index seat and no Closelooknet score, and the diary has logged no quotes or edition mentions for it. Coverage here runs to chart tracking and sector placement only.

Does China Merchants Bank Co Ltd Class H pay a dividend?

China Merchants Bank Co Ltd Class H has paid 2.30 HKD per share over the last twelve months, paid twice a year, a trailing yield of 4.51% on the 2026-10-06 close; the last distribution recorded in the price series was 1.18 HKD on 2026-07-02. The "Dividends and capital return" block on this page carries the lines.

What does this page show?

A live price chart with SMA overlays and drawing tools for 3968.HK, performance metrics, index-membership context and the Closelooknet structure read — an investment research diary view, not investment advice.