1658.HK - Postal Savings Bank of China Co., Ltd.
| Previous Close | 4.960 |
| Open | 0.000 |
| Bid | 0.000 x 0 |
| Ask | 0.000 x 0 |
| Day's Range | 0.000 - 0.000 |
| 52 Week Range | |
| Volume | 0 |
| Avg. Volume | 36,358,006 |
| Market Cap | 405.963B |
| Beta | N/A |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings Date | Aug 3, 2017 - Aug 4, 2017 |
| Forward Dividend & Yield | 0.17 (3.54%) |
| Ex-Dividend Date | 2018-07-03 |
| 1y Target Est | 6.20 |
- Simply Wall St.•20 days ago
What You Should Know About Postal Savings Bank of China Co Ltd’s (HKG:1658) Risks
As a HK$423.79b market capitalisation company operating in the financial services sector, Postal Savings Bank of China Co Ltd (HKG:1658) has benefited from strong economic growth and improved credit qualityRead More...
- Reuters•25 days ago
China's Xiaomi secures seven cornerstone investors for $6.1 bln HK IPO
HONG KONG, June 20 (Reuters/IFR) - Chinese smartphone maker Xiaomi Corp has lined up $548 million from seven cornerstone investors including U.S. chipmaker Qualcomm Inc for its Hong Kong IPO of up to $6.1 billion, according to a term sheet seen by Reuters. Xiaomi, which also makes internet-connected devices, has set a price range of HK$17 to HK$22 ($2.17 to $2.80) each for its listing in the Asian financial hub, one of the biggest tech floats globally in recent years.
- Moody's•last month
China Jinmao Holdings Group Limited -- Moody's: China shows derisking is progressing in some areas, with some advances in structural change; policy trade-offs are arising
Moody's Investors Service says that China (A1 stable) is moving ahead on changes in its economic structure, a credit positive. "If such measures lead to a reallocation of labor and capital resources that shift credit towards sectors with higher productivity growth, it will support the Chinese government's credit quality by increasing its debt-carrying ability," says Marie Diron, a Managing Director for Moody's Sovereign Risk Group. The views are contained in presentations and discussions by senior Moody's analysts at the "Moody's and CCXI 2018 Mid-Year China Credit Outlook Conference, China credit trends -- Meeting the challenges of domestic risks and global relations".
- Moody's•2 months ago
Industrial & Comm'l Bank of China Ltd., Doha -- Moody's take rating actions on 19 Chinese commercial banks and 4 Chinese subsidiaries of international banks
Moody's Investors Service has today taken rating actions on nineteen Chinese commercial banks and four Chinese subsidiaries of international banks. Moody's has upgraded by one notch the ratings of the following banks.
- Reuters•2 months ago
Foxconn unit luring cornerstone investors for Shanghai IPO
An internet and industrial-focused unit of Taiwanese electronics manufacturer Foxconn plans to sell 30 percent of its public share offering in Shanghai to a group of cornerstone-type investors, its prospectus showed, a rare move in China listings. Foxconn Industrial Internet is yet to finalise the size of the initial public offering (IPO), but it plans to use the proceeds to finance investments totalling 27.3 billion yuan ($4.3 billion) on areas including cloud computing, data centre and 5G related projects, according to the prospectus filed on Monday. The company didn't immediately respond to a request for comment on how much it plans to raise from the IPO.
- Moody's•2 months ago
Yihua Enterprise (Group) Co., Ltd. -- Moody's latest Inside China examines US-Sino trade tensions, debt-equity swaps, property and banking sectors
Moody's Investors Service has just published its May edition of Inside China, a quarterly newsletter. In particular, Moody's says that the direct effects of proposed US tariffs on China's exports and economy are likely underestimated, and that the full extent of their overall impact will be seen through knock-on effects. On China's debt-for-equity swap framework, Moody's says that this framework renders near-term liquidity relief to affected Chinese corporates, giving them time to restore their business and credit profiles.
- Moody's•2 months ago
China CITIC Bank Corporation Limited -- Moody's: Leading Chinese bank results show period of slower asset growth
Moody's Investors Service says that the 2017 results of 12 Chinese banks are in line with Moody's view that the Chinese banking system has entered a slower asset growth period and has reacted to the broad directive to reduce regulatory arbitrage, opaque investments and other shadow banking activities. "Furthermore, we expect these adjustments to continue in 2018, with a key driver being the tighter scrutiny of bank compliance with wholesale funding caps," says Ray Heung, a Moody's Senior Vice President. "In addition, improvements in asset quality, steadiness in capitalization, recovering profitability, and lower use of market funding -- all of which occurred in 2017 -- will continue in 2018," adds Heung.
- Reuters•5 months ago
Hong Kong shares rebound; CEFC-related stock plunges on probe news
* HK- Shanghai Connect daily quota used 4.3 pct * Shanghai- HK daily quota used 18 pct * HSI +0.7 pct, HSCE +0.4 pct, CSI300 +0.6 pct * CEFC Hong Kong Financial Investment tumbles on CEFC probe news ...
- Reuters•5 months ago
China's banking regulator fines 19 banks over £2-billion pledged loan fraud
China's banking regulator has imposed fines of 52.5 million yuan (£5.9 million) on 19 banks in the northwestern province of Shaanxi and the central province of Henan over a 19-billion-yuan (£2.1 billion) pledged loan fraud, it said on Friday. It is the third major penalty handed down since the start of the year as the regulator steps up a crackdown on illegal practices to fend off financial risk. Criminals illegally pledged gold of low purity to obtain loans from banks, including branches of large state lenders Industrial and Commercial Bank of China Ltd (1398.HK) and Postal Savings Bank of China Co , the regulator said.
- Reuters•7 months ago
BRIEF-Hongbo Signs Framework Agreements With Postal Savings Bank Of China On Bank Card Projects
Dec 22 (Reuters) - Hongbo Co Ltd: * SAYS IT SIGNS FRAMEWORK AGREEMENTS WITH POSTAL SAVINGS BANK OF CHINA ON BANK CARD RELATED PROJECTS Source text in Chinese: http://bit.ly/2kBQggI Further company coverage: ...
- Reuters•8 months ago
Hong Kong's CK Asset to sell office tower for record $5.15 billion
HONG KONG (Reuters) - Li Ka-shing's CK Asset Holdings Ltd (1113.HK) is selling out of a central business district office tower for HK$40.2 billion (3.88 billion pounds), marking Hong Kong's biggest real ...
- Moody's•10 months ago
Postal Savings Bank of China Co., Ltd. -- Moody's assigns Ba3(hyb) to proposed additional tier 1 offshore preference shares of Postal Savings Bank of China Co., Ltd. (A2 positive)
Rating Action: Moody's assigns Ba3 to proposed additional tier 1 offshore preference shares of Postal Savings Bank of China Co., Ltd.. Global Credit Research- 14 Sep 2017. Hong Kong, September 14, 2017-- ...
- Moody's•10 months ago
Postal Savings Bank of China Co., Ltd. -- Moody's assigns first-time A2/P-1 ratings to Postal Savings Bank of China Co., Ltd.; outlook positive
Rating Action: Moody's assigns first-time A2/P-1 ratings to Postal Savings Bank of China Co., Ltd.; outlook positive. Global Credit Research- 04 Sep 2017. Hong Kong, September 04, 2017-- Moody's Investors ...
- Moody's•last year
Shanghai International Port (Group) Co., Ltd -- Moody's assigns A2 rating to Shanghai International Port's proposed USD exchangeable bond
Rating Action: Moody's assigns A2 rating to Shanghai International Port's proposed USD exchangeable bond. Global Credit Research- 26 Jul 2017. Hong Kong, July 26, 2017-- Moody's Investors Service has assigned ...
