3988.HK - Bank of China Limited
| Previous Close | 4.220 |
| Open | 4.220 |
| Bid | 4.190 x 0 |
| Ask | 4.200 x 0 |
| Day's Range | 4.180 - 4.260 |
| 52 Week Range | 3.570 - 4.960 |
| Volume | 93,160,671 |
| Avg. Volume | 455,044,476 |
| Market Cap | 1.439T |
| Beta | 1.35 |
| PE Ratio (TTM) | 6.98 |
| EPS (TTM) | 0.600 |
| Earnings Date | N/A |
| Forward Dividend & Yield | 0.22 (5.22%) |
| Ex-Dividend Date | 2018-07-05 |
| 1y Target Est | 5.27 |
- Reuters•13 minutes 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 & ...
- Financial Times•yesterday
[$$] China throws its banks a bone
The surprise lowering of the reserve requirement ratio for China’s banks is less a signal of policy easing and more about shifting funds around the monetary system, in the hope that the benefit to the banks will be passed on. The 100-basis-point cut was announced by the People’s Bank of China (PBoC) on Tuesday, hours after the government said the economy had grown 6.8 per cent in the first quarter. The reserve requirement ratio, a legacy of the years of net capital inflows, represents trillions of renminbi in deposits that banks are required to keep with the central bank.
- Financial Times•8 days ago
[$$] IMF’s Lagarde warns China on Belt and Road debt
Christine Lagarde, the IMF’s managing director, warned Chinese policymakers on Thursday to beware of financing unneeded and unsustainable projects in countries with heavy debt burdens. Ms Lagarde told ...
- Reuters•16 days 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.
- CCN•21 days 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
Reuters•22 days agoChina'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 ...
- Reuters•22 days 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 ...
- Reuters•22 days 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 ...
Reuters•23 days agoChina'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.
- Reuters•24 days ago
BRIEF-Postal Savings Bank Of China Posts FY Net Profit Attributable Of RMB47.68 Bln
March 27 (Reuters) - Postal Savings Bank Of China Co Ltd : * RECOMMENDED DIVIDEND ON ORDINARY SHARES OF RMB1.471 PER 10 SHARES * FY NET PROFIT ATTRIBUTABLE RMB 47.68 BILLION VERSUS RMB39.80 BILLION ...
- Reuters•24 days ago
Bank of China to provide 30 billion yuan financing for winter sports from 2018-2024 - chairman
BEIJING (Reuters) - Bank of China Ltd (BoC) will provide 30 billion yuan (£3.4 billion) financing for the winter sports industry over the next seven years, said its chairman. The sum will be provided from ...
- Reuters•25 days ago
China names reformist Guo Shuqing as central bank's Communist Party chief and vice governor
Guo Shuqing, head of China's new regulator for the banking and insurance sectors, has been appointed the Communist Party chief and deputy governor of the People's Bank of China (PBOC), official publication Financial News reported on Monday. As PBOC party chief, Guo will exert the widest influence at one of the world's most powerful central banks, which unlike its peers in some countries is not fully independent.
- Reuters•26 days ago
China to name reformer Guo Shuqing as central bank party chief - sources
Guo Shuqing, head of China's new regulator for the banking and insurance sectors, can be expected to also be installed soon in the role of Communist Party chief of the People's Bank of China (PBOC), two sources with knowledge of the matter said on Sunday. Unlike other central banks in the world, the PBOC is not fully independent. While its governor can be expected to manage the bank's daily operations, its party chief is the ultimate boss.
- Reuters•26 days ago
China to name reformer Guo Shuqing as central bank party chief-sources
Guo Shuqing, head of China's new regulator for the banking and insurance sectors, can be expected to also be installed soon in the role of Communist Party chief of the People's Bank of China (PBOC), two sources with knowledge of the matter said on Sunday. Unlike other central banks in the world, the PBOC is not fully independent. While its governor can be expected to manage the bank's daily operations, its party chief is the ultimate boss.
- Reuters•28 days ago
DIARY-Hong Kong corporate earnings week ahead
March 23 (Reuters) - Diary of Hong Kong (.HSI) corporate earnings for the week ahead. HONG KONG EARNINGS Start Date Start Time RIC Company Event Name (GMT) 26-Mar-2018 04:15 600028.SS China Petroleum & ...
- Reuters•29 days ago
BRIEF-Bank Of China (Hong Kong) Says Interest rates remain unchanged
March 22 (Reuters) - Bank of China (Hong Kong) Limited * SAYS ITS HONG KONG DOLLAR PRIME RATE REMAINS UNCHANGED AT 5.0 PERCENT PER ANNUM (Reporting by Hong Kong newsroom)
- Reuters•29 days ago
China raises a key market interest rate, following Fed's move
China gingerly raised a key short-term interest rate on Thursday following the U.S. Federal Reserve Bank's move overnight, in a symbolic reminder that Beijing is keeping an eye on global market trends even as it cracks down on financial risks at home. The People's Bank of China (PBOC) said it had increased the rate on 7-day reverse repurchase agreements by 5 basis points (bps) to 2.55 percent. Reverse repos are one of its most commonly used tools to control liquidity in the financial system.
- Reuters•29 days ago
China raises a key market interest rate, following Fed's move
China gingerly raised a key short-term interest rate on Thursday following the U.S. Federal Reserve Bank's move overnight, in a symbolic reminder that Beijing is keeping an eye on global market trends even as it cracks down on financial risks at home. The People's Bank of China (PBOC) said it had increased the rate on 7-day reverse repurchase agreements by 5 basis points (bps) to 2.55 percent.
- Reuters•29 days ago
China raises short-term market interest rates, following Fed's move
China's central bank raised short-term market interest rates on Thursday for the first time this year, hours after the Federal Reserve Bank lifted U.S. benchmark rates. The People's Bank of China (PBOC) increased rates on reverse repurchase agreements, or reverse repos, used for open market operations by five basis points (bps), it said in a statement on its website. Earlier in the day, the PBOC injected 10 billion yuan ($1.58 billion) via seven-day reverse repos, according to the same statement.
- Reuters•last month
PBOC sets out rules for foreign third-party payment firms to operate in China
China's central bank said on Wednesday it was opening the country's domestic market to foreign third-party electronic payment firms, in a move intended to promote competition in the retail payments industry. Foreign third-party firms will be required to set up a local business in order to apply for a payment services license, the People's Bank of China (PBOC) said in a statement on its website, without specifying the capitalization requirements for the Chinese firm. The PBOC notice also requires foreign third-party electronic payment firms to store client data and other financial information in China.
- Reuters•last month
PBOC sets out rules for foreign third-party payment firms to operate in China
China's central bank said on Wednesday it was opening the country's domestic market to foreign third-party electronic payment firms, in a move intended to promote competition in the retail payments industry. Foreign third-party firms will be required to set up a local business in order to apply for a payment services license, the People's Bank of China (PBOC) said in a statement on its website, without specifying the capitalization requirements for the Chinese firm. The PBOC notice also requires foreign third-party electronic payment firms to store client data and other financial information in China.
- Reuters•last month
Former PBOC governor: China will continue to adopt proactive fiscal, neutral monetary policies
China will continue to adopt a proactive fiscal policy and prudent and neutral monetary policy, the country's former central bank governor said during the meeting of the Group of 20 finance ministers and central banks. The People's Bank of China (PBOC) published a statement on Wednesday carrying the remarks by Zhou Xiaochuan, who attended the G20 meetings in Argentina. China's parliament on Monday appointed Yi Gang, who had been serving as a PBOC vice governor, to replace Zhou.
- Reuters•last month
Former PBOC governor: China will continue to adopt proactive fiscal, neutral monetary policies
China will continue to adopt a proactive fiscal policy and prudent and neutral monetary policy, the country's former central bank governor said during the meeting of the Group of 20 finance ministers and central banks. The People's Bank of China (PBOC) published a statement on Wednesday carrying the remarks by Zhou Xiaochuan, who attended the G20 meetings in Argentina. China's parliament on Monday appointed Yi Gang, who had been serving as a PBOC vice governor, to replace Zhou.
