|Bid||8.120 x 0|
|Ask||8.130 x 0|
|Day's Range||8.080 - 8.170|
|52 Week Range||5.910 - 9.390|
|PE Ratio (TTM)||7.06|
|Forward Dividend & Yield||0.36 (4.46%)|
|1y Target Est||10.51|
May 24 (Reuters) - Carpenter Tan Holdings Ltd: * UNITS & CHINA CONSTRUCTION BANK CORP ENTER WEALTH MANAGEMENT PRODUCT AGREEMENTS Source text for Eikon: Further company coverage:
China Construction Bank Corporation (SEHK:939) saw significant share price volatility over the past couple of months on the SEHK, rising to the highs of HK$8.59 and falling to the lowsRead More...
It also said that representatives from ZTE Group, the Chinese telecom company that is facing crippling US sanctions, would attend the event, to be held in Dallas. “As Sino-US trade frictions have eased recently, Chinese businessmen including representatives from ZTE have received an invitation to Dallas to attend President Trump’s dinner, and thus discuss co-operation and development with distinguished persons from the US political and business world,” the invite read.
By Samuel Shen and Brenda Goh SHANGHAI (Reuters) - MSCI, the U.S. index publisher, said on Tuesday it will include 234 Chinese large cap stocks in its global and regional indexes on June 1, setting the ...
Global market research and index company MSCI Inc said on Tuesday it would add 234 China-listed shares to its emerging market benchmark in a two-step process in June and September, a move expected to drive a surge of foreign inflows into the country's stock markets. While some foreign investors are still haunted by memories of China's 2015 stock market crash and concerns about Sino-U.S. trade frictions, a deeper fear of missing out is widely expected to boost overseas investments in mainland stocks. MSCI's decision last June to include yuan-denominated Chinese stocks, known as "A-shares", into its emerging market (EM) index triggered a rally in Chinese blue-chips in 2017, though the market has corrected this year amid fears that a trade war will undermine the world's second-largest economy.
May 2 (Reuters) - 5I5j Holding Group: * SAYS IT SIGNS FRAMEWORK AGREEMENT WITH CHINA CONSTRUCTION BANK ON HOUSE LEASING BUSINESS Source text in Chinese: https://bit.ly/2JJqwcc Further company coverage: ...
BEIJING/SHANGHAI (Reuters) - China's Big Five state-owned banks posted their fastest first-quarter net profit growth in four years, while their ratio of soured debt remained steady. China's biggest lenders are in the midst of a revival, posting faster profit growth and generally healthier net interest margins after years of rising bad debt as economic growth slowed down. On Friday, Agricultural Bank of China Ltd (AgBank), reported a 5.43 percent rise in first-quarter net profit, while the country's largest bank, Industrial and Commercial Bank of China Ltd (ICBC), said its net profit grew 4 percent over the same period.
As a large-cap stock with market capitalization of HK$2.01T, China Construction Bank Corporation (SEHK:939) falls into the category of a major bank. As these large financial institutions revert back toRead More...
BEIJING/SHANGHAI (Reuters) - China's top lenders are reporting their best profit growth in three years on better net interest margins, with Beijing's crackdown on shadow financing and high leverage expected to further drive recovery this year. The strong 2017 results suggest that Beijing has been successful in pushing smaller lenders to cut their exposure to riskier financing practices - in turn helping reduce competition for the state-backed behemoths. "The banks that will do well this year are those that have national franchises, "safe" brands, relatively clean balance sheets, competitive products, sticky core deposits and strong credit skills," said John Ott, partner with Bain & Company and a leader with its Greater China financial services practice.
China Construction Bank Corporation (SEHK:939) has pleased shareholders over the past 10 years, paying out an average dividend of 4.00% annually. The company currently pays out a dividend yield ofRead More...
Goldman Sachs and Morgan Stanley are among at least 16 brokerages that have raised their target prices for China Construction Bank this year. Bloomberg's Tom Mackenzie reports on "Bloomberg Markets." ...
If you think things will keep getting better for China’s biggest banks, look no further than China Construction Bank Corp.
Feb 5 (Reuters) - Shanghai Stock Exchange: * FILING SHOWS BLOCK TRADE OF CHINA CONSTRUCTION BANK'S 11.4 MILLION A-SHARES INVOLVING 100.1 MILLION YUAN ON FEB 5 Source text in Chinese: http://bit.ly/2yJZikT ...
Bank of China, China Mobile, and China Construction Bank have one big thing in common. They are on my list of the best dividend stocks which have generously contributed toRead More...
Jan 8 (Reuters) - Hefei Urban Construction Development Co Ltd: * SAYS IT SIGNS STRATEGIC AGREEMENT WITH CHINA CONSTRUCTION BANK ON MORTGAGE RELATED SERVICES Source text in Chinese: http://bit.ly/2AET9CD ...
Dec 28 (Reuters) - Ccid Consulting Co Ltd: * SUBSCRIBED FOR WEALTH MANAGEMENT PRODUCT FROM CHINA CONSTRUCTION BANK FOR RMB20 MILLION Source text for Eikon: Further company coverage:
When China Construction Bank Corporation (SEHK:939) announced its most recent earnings (30 September 2017), I did two things: looked at its past earnings track record, then look at what isRead More...
Dec 8 (Reuters) - Easyknit International Holdings Ltd : * PURCHASE OF EQUITY LINKED NOTE OF CHINA CONSTRUCTION BANK CORPORATION FOR HK$50 MILLION Source text for Eikon: Further company coverage:
Nov 24 (Reuters) - China Construction Bank * Says it gets securities regulator's approval to issue up to 600 million preference shares Source text in Chinese: http://bit.ly/2iM22E0 Further company coverage: ...
ICE Benchmark Administration, a unit of Intercontinental Exchange (ICE), will take over as operator of London's silver benchmark on Oct. 2, a week later than planned, the exchange said on Thursday. Two current participants in the benchmark, Swiss bank UBS and China Construction Bank (CCB), are not featured in the line-up of entities taking part in the new benchmark process.
Chinese tech conglomerate LeEco is in the midst of paying back an overdue loan and discussing repayments of a larger, upcoming due loan with China Construction Bank, the company said in a statement responding to media reports on Wednesday. LeEco, one of China's most ambitious companies that grew from a Netflix-like video website to a business empire spanning smartphones to cars within 13 years, is struggling to support its goals that include beating Elon Musk's Tesla Motors in making premium electric vehicles. Last year, co-founder Jia Yueting said in a staff letter that the firm was facing "big company disease" after having expanded at an unprecedented rate.
Feb.21 -- Goldman Sachs and Morgan Stanley are among at least 16 brokerages that have raised their target prices for China Construction Bank this year. Bloomberg's Tom Mackenzie reports on "Bloomberg Markets."