|Bid||4.590 x 0|
|Ask||4.590 x 0|
|Day's Range||4.510 - 4.770|
|52 Week Range||3.450 - 5.920|
|Beta (5Y Monthly)||0.54|
|PE Ratio (TTM)||4.32|
|Forward Dividend & Yield||0.15 (3.20%)|
|Ex-Dividend Date||Jul 12, 2019|
|1y Target Est||8.20|
China International Capital Corporation Limited ("CICC" or "the Company", Stock code: 3908.HK) announced its annual results for the twelve months ended December 31, 2019. As at the end of 2019, the total assets of the Group amounted to RMB344.97 billion, representing an increase of 25.3% compared with the end of 2018; net assets amounted to RMB48.29 billion, representing an increase of 14.5% compared with the end of 2018. Our Group recorded total revenue and other income of RMB22.78 billion, increasing by 22.9% year on year; and net profit1 of RMB4.24 billion, increasing by 21.4% year on year, with a weighted average return on net assets of 9.6%.
Shops, restaurants and cinemas may be deserted in many parts of virus-plagued China, but online trading forums, internet roadshows and analyst calls are teeming with investors who have driven up stock trading volumes to nine-month highs. Strategists are busy meeting anxious investors online to dispense tips on how to trade the coronavirus, while fund managers aggressively pitch products via live video streaming, with face-to-face conferences banned and many offices still closed. The virus has been a blow to China's already-slowing economy, prompting Beijing to boost financial support to avoid a deeper hit to economic growth.