3988.HK - Bank of China Limited

HKSE - HKSE Delayed Price. Currency in HKD
3.61
+0.05 (+1.40%)
At close: 4:08PM HKT
Stock chart is not supported by your current browser
Previous Close3.56
Open0.00
Bid0.00 x 0
Ask0.00 x 0
Day's Range0.00 - 0.00
52 Week Range
Volume0
Avg. Volume304,261,486
Market Cap1.273T
Beta1.36
PE Ratio (TTM)6.02
EPS (TTM)0.60
Earnings DateN/A
Forward Dividend & Yield0.21 (5.76%)
Ex-Dividend Date2018-07-05
1y Target Est5.50
  • Reuters3 days ago

    China boosts liquidity, set for more policy easing as trade war threatens economy

    Chinese policymakers are pumping more liquidity into the financial system and channelling credit to small and medium-sized firms, and Beijing looks set to further loosen monetary conditions to mitigate threats to growth from a heated Sino-U.S. trade war. The world's second-biggest economy has already started to lose momentum this year as a government campaign to reduce a dangerous build-up of debt has lifted borrowing costs, hitting factory output, business investment and the property sector. On Wednesday, a source with direct knowledge of the matter said the People's Bank of China (PBOC) plans to introduce incentives that will boost the liquidity of commercial banks.

  • What You Should Know About Postal Savings Bank of China Co Ltd’s (HKG:1658) Risks
    Simply Wall St.27 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...

  • Is It The Right Time To Buy Bank of China Limited (HKG:3988)?
    Simply Wall St.last month

    Is It The Right Time To Buy Bank of China Limited (HKG:3988)?

    Today we’re going to take a look at the well-established Bank of China Limited (HKG:3988). The company’s stock saw significant share price volatility over the past couple of months onRead More...

  • Reuterslast month

    China's central bank unexpectedly holds fire on rates as economy wobbles

    China's central bank left borrowing costs for interbank loans unchanged on Thursday, a surprising decision that shrugged off the U.S. Federal Reserve's policy rate increase and came as data showed the world's second-biggest economy lost more steam than expected. The People's Bank of China's (PBOC) on-hold stance highlighted uncertainty about the economic outlook as policy makers try to steer through the challenge of a trade spat with the United States and a government-led clampdown on debt. U.S. President Donald Trump is set to meet with his top trade advisers on Thursday to decide whether to activate threatened tariffs on billions of dollars in Chinese goods.

  • Reuterslast month

    China's central bank unexpectedly holds fire on rates as economy wobbles

    China's central bank left borrowing costs for interbank loans unchanged on Thursday, a surprising decision that shrugged off the U.S. Federal Reserve's policy rate increase and came as data showed the world's second-biggest economy lost more steam than expected. The People's Bank of China's (PBOC) on-hold stance highlighted uncertainty about the economic outlook as policy makers try to steer through the challenge of a trade spat with the United States and a government-led clampdown on debt.

  • Reuterslast month

    China's central bank unexpectedly leaves rates unchanged for reverse repos

    China's central bank left borrowing costs for interbank loans unchanged on Thursday, an unexpected decision that shrugged off the U.S. Federal Reserve's increase in its benchmark rate overnight. Reverse repos are one of its most commonly used tools to control liquidity in the financial system. The PBOC did not change its benchmark one-year lending and deposit rates, which have been kept steady since October 2015.

  • Reuterslast month

    BRIEF-Bank Of China's Executive Director, Deputy Head Of The Bank Ren Deqi Resigns Due To Change In Job Role

    June 12 (Reuters) - Bank Of China Ltd: * SAYS EXECUTIVE DIRECTOR, DEPUTY HEAD OF THE BANK REN DEQI RESIGNS DUE TO CHANGE IN JOB ROLE Source text in Chinese: https://bit.ly/2l2BM9a Further company coverage: ...

  • Reuters2 months ago

    China to aid cross-border yuan flows ahead of MSCI inclusion

    China's central bank announced a series of measures on Friday to support cross-border fund flows, in an apparent effort to avoid a potential liquidity crunch in the offshore yuan market around June 1, when Chinese shares will be included in MSCI's benchmark indexes. China's MSCI entry is expected to trigger a surge in foreign money flows into yuan-denominated A shares, largely via cross-border stock connect schemes with Hong Kong, potentially boosting demand for the offshore yuan. The People's Bank of China (PBOC) said in a statement that banks involved in offshore yuan clearing and settlement can tap liquidity from the onshore market, while urging clearing banks to come up with contingency plans to deal with liquidity risks.

  • Reuters2 months ago

    China to aid cross-border yuan flows ahead of MSCI inclusion

    China's central bank announced a series of measures on Friday to support cross-border fund flows, in an apparent effort to avoid a potential liquidity crunch in the offshore yuan market around June 1, when Chinese shares will be included in MSCI's benchmark indexes. China's MSCI entry is expected to trigger a surge in foreign money flows into yuan-denominated A shares, largely via cross-border stock connect schemes with Hong Kong, potentially boosting demand for the offshore yuan.

  • Best-In-Class SEHK Dividend Stocks
    Simply Wall St.2 months ago

    Best-In-Class SEHK Dividend Stocks

    CITIC Telecom International Holdings is one of the companies that can help improve your portfolio income through large dividend payouts. Great dividend payers create a safe bet to increase investors’Read More...

  • Germany's DZ Bank to sell parts of DVB after muted interest for whole business - sources
    Reuters3 months ago

    Germany's DZ Bank to sell parts of DVB after muted interest for whole business - sources

    LONDON/FRANKFURT (Reuters) - Germany's No.2 lender DZ Bank plans to sell certain assets of its troubled ship and aircraft financing division DVB after receiving muted interest for the whole business, four sources familiar with the matter said. The sources, who declined to be identified due to the sensitivity of the matter, said DZ Bank, which is also the umbrella organisation of German cooperative bank chain Raiffeisen-Volksbanken, would start by selling DVB's aviation and land transport finance portfolios, followed by its shipping and offshore portfolios. Two of the sources said asset managers Apollo Global Management (APO.N) and Cerberus Capital Management were interested in the aviation segment.

  • China's Big Five banks log fastest first-quarter profit growth in four years
    Reuters3 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.

  • Reuters3 months ago

    BRIEF-Bank Of China Reports Q1 Financial Results

    April 27 (Reuters) - Bank Of China Ltd: * SAYS Q1 NET INTEREST MARGIN AT 1.85 PERCENT VERSUS 1.84 PERCENT AT END-DECEMBER * SAYS Q1 NPL RATIO AT 1.43 PERCENT VERSUS 1.45 PERCENT AT END-DECEMBER * SAYS ...

  • Reuters3 months ago

    China to cut RRR further, M2 growth seen accelerating - MNI

    China will further cut the amount of cash that lenders must keep in reserves, and broad M2 money supply growth will accelerate this year, Market News International reported on Tuesday, citing a source close to the central bank. The report comes amid growing speculation that China is considering shifting its monetary policy to a looser bias, as the threat of a trade war with the United States adds to worries about an expected slowdown in the world's second-largest economy in coming months. The People's Bank of China (PBOC) last week cut reserve requirement ratios (RRR) for most banks, hours after the statistics bureau reported softer-than-expected industrial output and investment growth for March, suggesting economic momentum may already be starting to slow.

  • Reuters3 months ago

    DIARY-Hong Kong corporate earnings week ahead

    April 20 (Reuters) - Diary of Hong Kong (.HSI) corporate earnings for the week ahead. HONG KONG EARNINGS Start Date Start RIC Company Event Name Time(GMT) 26-Apr-2018 NTS 0688.HK China Overseas Land & ...

  • Reuters4 months ago

    China will actively resolve shadow banking risks - central bank

    China will actively resolve shadow banking risks and prudently tackle risks associated with financial institutions, the central bank said on Wednesday. China will effectively control the macro leverage ratio and credit risks in key areas, the People's Bank of China (PBOC) said in a statement on its website. Under the leadership of the Financial Stability and Development Committee (FSDC), the PBOC will strengthen inter-government coordination and specify a time frame and a roadmap for relevant work in the future, the central bank added.

  • Cryptocurrencies a Top Priority for China in 2018: Central Bank
    CCN4 months ago

    Cryptocurrencies a Top Priority for China in 2018: Central Bank

    The People’s Bank of China (PBoC) has listed cryptocurrencies as one of its chief priorities for the year as it seeks to strengthen the renminbi and ramp up its capital controls. In a statement published March 28, the PBoC — China’s central bank — said that intended to “carry out the rectification of various types

  • China's top lenders take home bigger profits, upbeat on 2018
    Reuters4 months ago

    China's top lenders take home bigger profits, upbeat on 2018

    SHANGHAI (Reuters) - China's top five lenders have raked in bigger annual profits and expect business conditions to continue improving this year, as Beijing's crackdown on shadow financing and high leverage ...

  • Reuters4 months ago

    Bank of China Q4 profit drops less than expected on higher interest income

    * BoC 2017 net profit up about 5 pct y/y * NIM 1.84 pct vs 1.83 pct in 2016 * NPL ratio 1.45 pct vs 1.41 pct end-Sept (Adds interest income, other details) SHANGHAI/BEIJING, March 29 (Reuters) - Bank of ...

  • Reuters4 months ago

    Bank of China Q4 profit drops by smaller-than-expected 10 pct

    SHANGHAI/BEIJING, March 29 (Reuters) - Bank of China Ltd (BoC) , the country's fourth-largest lender by assets, on Thursday said net profit fell about 10 percent in the fourth quarter of 2017, but the ...

  • China's largest banks feel wind in their sails as profits rebound
    Reuters4 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.