- Financial Times•8 days ago
The People's Bank of China (PBoC) has again raised interest rates on some of the funds it lends in the interbank market, hiking the cost of transacting its reverse repurchase agreements and of borrowing ...
- Reuters•13 days ago
China's central bank raised short-term interest rates on Thursday in what economists said was a bid to stave off capital outflows and keep the yuan currency stable after the Federal Reserve raised U.S. rates overnight. The increase in rates was China's third in as many months, and came a day after the end of the annual session of parliament where leaders warned that tackling risks from a rapid build-up in debt would be a top policy priority this year. China is no longer insulated from the Fed and, more generally, from international financial conditions," said Alicia Garcia Herrero, chief Asia Pacific economist at Natixis.
- Reuters•2 months ago
China's central bank injected 638.68 billion yuan ($92.98 billion) via short- and medium-term liquidity tools in January, down 26 percent from the previous month, data showed on Friday, signalling an effort to cool down rapid credit growth. The reduced injections coincided with the central bank's move to push up some lending rates, in a further sign that it is moving to monetary policy tightening as the economy stabilises. The People's Bank of China (PBOC) said in a statement on its website that it lent 551 billion yuan to financial institutions via its medium-term lending facility (MLF) in January.
3988.HK : Summary for BANK OF CHINA - Yahoo Finance
BANK OF CHINA (3988.HK)
HKSE - HKSE Delayed Price. Currency in HKD
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|Day's Range||3.93 - 3.98|
|52 Week Range||2.90 - 4.08|
|PE Ratio (TTM)||5.97|
|Dividend & Yield||0.03 (5.13%)|
|1y Target Est||N/A|