1288.HK - Agricultural Bank of China Limited

HKSE - HKSE Delayed Price. Currency in HKD
3.470
-0.040 (-1.14%)
As of 10:43AM HKT. Market open.
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Previous Close3.510
Open3.500
Bid3.470 x 0
Ask3.480 x 0
Day's Range3.460 - 3.510
52 Week Range3.350 - 5.020
Volume26,713,139
Avg. Volume149,789,232
Market Cap1.262T
Beta (3Y Monthly)1.34
PE Ratio (TTM)4.99
EPS (TTM)0.695
Earnings DateN/A
Forward Dividend & Yield0.22 (6.30%)
Ex-Dividend Date2018-05-17
1y Target Est4.80
  • Chinese-Backed Buyout Firm Nears Deal to Buy German Rayon Maker
    Bloomberg14 hours ago

    Chinese-Backed Buyout Firm Nears Deal to Buy German Rayon Maker

    Goldman Sachs Group Inc. and Barings provided financing for the transaction, which already has German and Chinese regulatory approval. The buyout firm has raised about 3 billion yuan ($433 million) for its initial fund as it seeks to tap into Xi Jinping’s Belt and Road Initiative to build investment and trade links with countries along the old Silk Road to Europe. The firm, backed by state-owned investment company Shanghai International Group, plans to help private capital from China tap mid-sized European manufacturers for their technical expertise while opening up the Chinese market to European companies.

  • Reuters4 days ago

    BRIEF-Shanghai Jinjiang International Travel Buys 28.08 Million A-Shares In Agricultural Bank Of China

    Nov 12 (Reuters) - Shanghai Jinjiang International Travel Co Ltd: * SAYS IT BOUGHT 28.08 MILLION A-SHARES IN AGBANK FOR 104.5 MILLION YUAN ($15.00 million) BETWEEN NOV 7 AND NOV 9 Source text in Chinese: ...

  • China's Nervy, Battered Stock Market Is Finally Calming Down
    Bloomberg7 days ago

    China's Nervy, Battered Stock Market Is Finally Calming Down

    Lower volatility is a good start for investors everywhere, but additional support is expected from policy makers before we get anything that looks like a sustained rebound in China. China’s sweeping efforts to support the private sector are taking a toll on the country’s lenders. Three of the big four -- Industrial & Commercial Bank of China Ltd., China Construction Bank Corp. and Agricultural Bank of China Ltd. -- fell more than 3 percent.

  • Reuters17 days ago

    China's AgBank Q3 net profit up 8.6 pct, beats estimates

    BEIJING/SHANGHAI, Oct 30 (Reuters) - Agricultural Bank of China Ltd (AgBank) , the country's third-biggest lender by assets, on Tuesday reported a better-than-expected 8.6 percent rise in third-quarter ...

  • Simply Wall St.18 days ago

    An Examination Of Agricultural Bank of China Limited (HKG:1288)

    Agricultural Bank of China Limited (HKG:1288) is a company with exceptional fundamental characteristics. Upon building up an investment case for a stock, we should look at various aspects. In the Read More...

  • Reuterslast month

    Lost in transmission: China's small firms get more loans on paper but not in reality

    Beijing is keen to show results after four rounds of policy easing, so China's big banks are playing along, highlighting their efforts to boost lending to cash-starved small firms, offering collateral waivers and setting loan targets. The health of millions of small firms, most privately owned, is crucial to China's efforts to ward off a sharp slowdown and mass job losses while fighting a bitter trade war with the United States. The People's Bank of China (PBOC) has cut the amount of cash commercial lenders must hold as reserves four times since January.

  • Reuterslast month

    Analysis: Lost in transmission - China's small firms get more loans on paper but not in reality

    Beijing is keen to show results after four rounds of policy easing, so China's big banks are playing along, highlighting their efforts to boost lending to cash-starved small firms, offering collateral waivers and setting loan targets. The health of millions of small firms, most privately owned, is crucial to China's efforts to ward off a sharp slowdown and mass job losses while fighting a bitter trade war with the United States. The People's Bank of China (PBOC) has cut the amount of cash commercial lenders must hold as reserves four times since January.

  • SoftBank picks Nomura, Goldman, 3 others to lead mobile unit's IPO -source
    Reuterslast month

    SoftBank picks Nomura, Goldman, 3 others to lead mobile unit's IPO -source

    By Taro Fuse TOKYO (Reuters) - SoftBank Group Corp (9984.T) has chosen five investment banks, including units of Nomura Holdings Inc and Goldman Sachs (GS.N), as lead underwriters for the mammoth initial ...

  • Simply Wall St.2 months ago

    Is Agricultural Bank of China Limited (HKG:1288) A Smart Choice For Dividend Investors?

    Dividends can be underrated but they form a large part of investment returns, playing an important role in compounding returns in the long run. Historically, Agricultural Bank of China Limited Read More...

  • Reuters2 months ago

    BRIEF-Agricultural Bank Of China Updates On Nomination Of Supervisors Of The Bank

    Sept 25 (Reuters) - Agricultural Bank Of China: * CONSIDERED AND APPROVED NOMINATION OF LI WANG AS AN EXTERNAL SUPERVISOR * RESOLVED TO NOMINATE WANG JINGDONG AS A CANDIDATE FOR SUPERVISOR REPRESENTING ...

  • Trade tensions cast shadow even as China's big banks bag more profits
    Reuters3 months ago

    Trade tensions cast shadow even as China's big banks bag more profits

    Agricultural Bank of China (AgBank) (1288.HK), the country's third-largest lender, expects its asset quality to stabilise in the second half, but said it had increased provisions as trade tensions threaten the global economy. The comments come after the United Stated and China last week activated another round of duelling tariffs on $16 billion (12.41 billion pounds) worth of each country's goods. Economists reckon that every $100 billion of imports hit by tariffs would cut global trade by around 0.5 percent and impact China's economic growth in 2018 by 0.1 to 0.3 percentage points.

  • Reuters3 months ago

    China's AgBank needs to make provisions to prepare for trade friction - exec

    BEIJING (Reuters) - The Agricultural Bank of China needs to make provisions to prepare for trade friction and zombie firm failures, the president of the lender said at a press conference in Beijing on ...

  • Reuters3 months ago

    China's AgBank, BoC post higher profits as margins improve

    BEIJING (Reuters) - Agricultural Bank of China Ltd (AgBank) and Bank of China Ltd (BoC), the country's third- and fourth-largest lenders, reported higher profits for the first half of the year as margins ...

  • Reuters3 months ago

    China's AgBank H1 profit rises 7 pct

    BEIJING, Aug 28 (Reuters) - Agricultural Bank of China Ltd (AgBank), the country's third-largest lender, on Tuesday reported a nearly 7 percent rise in first-half net profit. AgBank, the first of the so-called ...

  • Reuters3 months ago

    BRIEF-Agricultural Bank Of China Posts H1 Net Interest Income Of RMB 233.83 Bln

    Aug 28 (Reuters) - Agricultural Bank Of China: * H1 NET INTEREST INCOME RMB 233,833 MILLION VERSUS RMB 211,323 MILLION A YEAR AGO Source tex: http://bit.ly/2MPrQ2D Further company coverage:

  • How Agricultural Bank of China Limited (HKG:1288) Delivered A Better ROE Than Its Industry
    Simply Wall St.3 months ago

    How Agricultural Bank of China Limited (HKG:1288) Delivered A Better ROE Than Its Industry

    This analysis is intended to introduce important early concepts to people who are starting to invest and want to begin learning the link between company’s fundamentals and stock market performance.Read More...

  • Reuters3 months ago

    China banks set for modest profit growth as bad loan outlook under cloud

    SHANGHAI/HONG KONG (Reuters) - China's biggest listed state-owned lenders are expected to post modestly higher profits and steady margins for the six months ended June, as government efforts to boost spending and liquidity underpins loan growth. Beijing has been pumping funds into the banking system and rolling out support measures for local businesses to cushion the impact from an escalating trade war with the United States. Indications on future trends are expected to emerge over the coming weeks as the country's top banks - Industrial and Commercial Bank of China , China Construction Bank Corp , Agricultural Bank of China , Bank of China and Bank of Communications Co Ltd - unveil their January-June results.

  • Reuters5 months ago

    BRIEF-Agricultural Bank Of China Receives Approval From CSRC For Private Placement Of A Shares

    June 25 (Reuters) - Agricultural Bank Of China Ltd : * RECEIVED APPROVAL BY CSRC FOR PRIVATE PLACEMENT OF NO MORE THAN 27.47 BILLION NEW SHARES BY BANK Source text for Eikon: Further company coverage:

  • Has Agricultural Bank of China Limited (HKG:1288) Improved Earnings Growth In Recent Times?
    Simply Wall St.6 months ago

    Has Agricultural Bank of China Limited (HKG:1288) Improved Earnings Growth In Recent Times?

    When Agricultural Bank of China Limited’s (SEHK:1288) announced its latest earnings (31 March 2018), I wanted to understand how these figures stacked up against its past performance. The two benchmarksRead More...

  • Reuters6 months ago

    BRIEF-Agricultural Bank Of China Says Zhang Dinglong Resigned As A Non-Executive Director

    May 11 (Reuters) - 1288.HK: * ZHANG DINGLONG RESIGNED AS A NON-EXECUTIVE DIRECTOR OF AGRICULTURAL BANK OF CHINA LIMITED Source text for Eikon: Further company coverage:

  • China's Big Five banks log fastest first-quarter profit growth in four years
    Reuters7 months ago

    China's Big Five banks log fastest first-quarter profit growth in four years

    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.

  • Reuters7 months ago

    BRIEF-Agricultural Bank Of China Announces Approval From CBIRC On Private Placement Of A Shares

    April 17 (Reuters) - 1288.HK: * AGRICULTURAL BANK OF CHINA LTD ANNOUNCES APPROVAL FROM CBIRC ON PRIVATE PLACEMENT OF A SHARES * PLAN OF A SHARES PRIVATE PLACEMENT BY CO WITH TOTAL PROCEEDS NOT EXCEEDING ...

  • Reuters7 months ago

    BRIEF-Agricultural Bank Of China Receives Approval On Qualification Zhou Wanfu Of Co From CBIRC

    April 12 (Reuters) - Agricultural Bank Of China Ltd : * ZHOU WANFU WAS APPOINTED AS SECRETARY TO BOARD, COMPANY SECRETARY AND AN AUTHORISED REPRESENTATIVE OF BANK * ZHANG KEQIU WILL NO LONGER SERVE AS ...

  • Reuters8 months ago

    China's largest banks feel wind in their sails as profits rebound

    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.