Previous Close | 4.130 |
Open | 4.130 |
Bid | 0.000 x 0 |
Ask | 0.000 x 0 |
Day's Range | 4.130 - 4.210 |
52 Week Range | 3.570 - 4.960 |
Volume | 297,102,592 |
Avg. Volume | 427,877,242 |
Market Cap | 1.442T |
Beta | 1.35 |
PE Ratio (TTM) | 7.00 |
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 |
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.
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 & ...
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 ...
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 ...
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.
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
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 ...
* 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 ...
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 ...
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.
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 ...
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 ...
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.
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.
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.
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 & ...
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)
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.
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.
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.
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.
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.
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.