China Merchants Bank Co., Ltd. is a leading bank based in Shenzhen, China, established in 1987. As the seventh-largest listed bank in China by assets, China Merchants Bank boasts the largest distribution network among the country's joint-stock banks, primarily concentrated in regions like the Pearl River and Yangtze River deltas. With 18% of its shares listed on the Hong Kong stock exchange and 82% on the Shanghai exchange, the bank has no foreign strategic investors. China Merchants Group holds the majority of shares at 30%. The bank's operations consist of retail banking (57% of total profit before tax), corporate banking (41%), and wholesale banking (2%). In terms of revenue, retail banking accounted for 56%, corporate banking for 41%, and wholesale banking for 3% in 2023. With a risk rating score of 25.0, China Merchants Bank is classified as having a medium-risk profile.