|Bid||0.000 x 0|
|Ask||0.000 x 0|
|Day's Range||11.87 - 11.93|
|52 Week Range||10.50 - 15.06|
|Beta (3Y Monthly)||1.31|
|PE Ratio (TTM)||5.22|
|Forward Dividend & Yield||0.70 (5.96%)|
|1y Target Est||N/A|
Want to participate in a short research study? Help shape the future of investing tools and receive a $60 prize! Today we're going to take a look at the well-established Read More...
A shift was inevitable, with the stock market still flagging after sinking into a bear market last year. Yi Huiman, chairman of Industrial and Commercial Bank of China Ltd., will succeed Liu Shiyu as chairman of the China Securities Regulatory Commission, the state-run Xinhua News Agency announced Saturday, confirming an earlier report by Bloomberg News. No CSRC chairman has lasted more than three years.
Pressured by everything from cheap passive funds to burdensome regulations, big asset managers have been pinning their future on China’s growing $15 trillion fund industry. Officials even permitted foreign fund managers and investment banks to control their China joint ventures. Last month, China made a new rule requiring banks to spin off their wealth-management products into subsidiaries.
It’s strange that President Xi Jinping appears to be working toward the same end. The risk for any economy approaching China’s level of development is that it gets ensnared in the middle-income trap. Latin America, the former Soviet Union and the largest Middle Eastern countries have never managed to close the gap with the U.S., Europe and Japan that opened up a century ago.
Large banks such as Agricultural Bank of China Limited (HKG:1288), with a market capitalisation of HK$1.4t, have benefited from improving credit quality as a result of post-GFC recovery, leading to Read More...
Agricultural Bank of China Limited (HKG:1288) is a company with exceptional fundamental characteristics. Upon building up an investment case for a stock, we should look at various aspects. In the Read More...
Dividends can be underrated but they form a large part of investment returns, playing an important role in compounding returns in the long run. Historically, Agricultural Bank of China Limited Read More...
Moody's Investors Service ("Moody's") has assigned an A1 long-term rating to the proposed senior unsecured US$ floating and fixed rate notes to be issued by Inventive Global Investments Limited (Inventive Global). Inventive Global Investments Limited, incorporated in the British Virgin Islands, is a wholly-owned subsidiary of ABC International Holdings Limited, which is a wholly-owned subsidiary of Agricultural Bank of China Limited (ABC, A1 stable, baa2 baseline credit assessment).
Hong Kong-listed shares of China's big four banks were mixed even though all of them reported higher profits and wider margins last week. Investors fear that Chinese authorities, facing a slowing economy and worsening tensions with the U.S., may abandon plans to deleverage and the banking industry could see bad debt pile up again. The latest earnings reports from China big four banks showed improvements across key financial metrics, but some investors remain worried that things could get worse for lenders in the world's second-largest economy.
Moody's Investors Service has today assigned Counterparty Risk Ratings (CRRs) to 19 Chinese commercial banks and their branches as applicable and 4 Chinese subsidiaries of international banks. The Chinese ...
Moody's Investors Service has upgraded the ratings of nine tranches in eight credit supported transactions. The ratings are closely linked to the credit quality of related Chinese financial institutions.
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.
Moody's Investors Service has affirmed Agricultural Bank of China Limited's (ABC) long-term/short-term deposit ratings at A2/P-1. And, Moody's has affirmed the bank's baseline credit assessment (BCA) and ...