BACHY - Bank of China Limited

Other OTC - Other OTC Delayed Price. Currency in USD
10.815
+0.065 (+0.60%)
At close: 3:59PM EST
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Previous Close10.750
Open10.750
Bid0.000 x 0
Ask0.000 x 0
Day's Range10.680 - 10.860
52 Week Range10.100 - 15.400
Volume29,915
Avg. Volume82,300
Market Cap151.577B
Beta (3Y Monthly)1.33
PE Ratio (TTM)4.92
EPS (TTM)2.200
Earnings DateN/A
Forward Dividend & Yield0.67 (6.42%)
Ex-Dividend Date2018-07-03
1y Target EstN/A
Trade prices are not sourced from all markets
  • Moody's4 days ago

    Bank of China Limited, Hong Kong Branch -- Moody's assign A1 rating to senior unsecured notes to be issued by Bank of China, Hong Kong Branch and Macau Branch; outlook stable

    Moody's Investors Service ("Moody's") have assigned an A1 rating to the proposed senior unsecured notes to be issued by Bank of China Limited (BOC), Hong Kong Branch: ** HKD-denominated fixed-rate, ...

  • Reuters8 days ago

    Timeline of China's recent measures to stabilise yuan near key level

    China's yuan has been under depreciation pressure this year amid rising headwinds for the broad economy, and an escalating Sino-U.S. trade dispute also heightened worries over growth outlook. The market's focus has now shifted to whether the central bank will firmly defend that level or let the yuan weaken further, and how much. ** Nov 7 - The PBOC sells its first yuan-denominated bills in Hong Kong, raising 20 billion yuan ($2.88 billion) and giving it a new tool to manage the currency in offshore markets as it faces further pressure.

  • Moody's10 days ago

    Bank of China Limited, Tokyo Branch -- Moody's assign A1 rating to Bank of China, Tokyo Branch's green bonds; outlook stable

    Moody's Investors Service ("Moody's") have assigned an A1 rating to the various proposed JPY-denominated and/or CNY-denominated fixed-rate senior unsecured green bonds to be issued by Bank of China Limited (BOC), Tokyo Branch. The bonds will be issued under BOC's USD40 billion medium-term note (MTN) program. The outlooks on the bond ratings and BOC, Tokyo Branch are stable.

  • Reuters10 days ago

    China to step up funding support for private firms

    China's central bank will step up funding support for private firms including developing an equity financing tool, its chief, Yi Gang, said on Tuesday, the latest step to support a slowing economy pressured by a trade dispute with the United States. China's overall liquidity is ample but more effort is needed to channel cash to private firms and other parts of the economy where support is needed, Yi told the state-owned Economic Daily in an interview.

  • Reuters12 days ago

    China central bank tests new regulations on Ant Financial, Suning.com

    China is testing new regulations on five financial holding companies, including e-commerce giant Alibaba's (BABA.N) fintech affiliate Ant Financial Service [ANTFIN.UL], paving the way for tighter oversight of the fast-growing sector. The pilot scheme, designed to rein in debt risks among financial holding companies, also included retail conglomerate Suning.com and large state-owned companies such as China Merchants Group, Shanghai International Group, and Beijing Financial Holdings Group, state news agency Xinhua reported late on Friday. Based on the trial, the People's Bank of China (PBOC) aims to roll out a supervision plan for the broader sector as soon as in the first half of 2019, Xinhua said.

  • Reuters12 days ago

    China central bank tests new regulations on Ant Financial, Suning.com

    China is testing new regulations on five financial holding companies, including e-commerce giant Alibaba's fintech affiliate Ant Financial Service , paving the way for tighter oversight of the fast-growing sector. The pilot scheme, designed to rein in debt risks among financial holding companies, also included retail conglomerate Suning.com and large state-owned companies such as China Merchants Group, Shanghai International Group, and Beijing Financial Holdings Group, state news agency Xinhua reported late on Friday. Based on the trial, the People's Bank of China (PBOC) aims to roll out a supervision plan for the broader sector as soon as in the first half of 2019, Xinhua said.

  • Reuters12 days ago

    China c.bank trials tighter regulation on Ant Financial, Suning.com

    China is testing new regulations on five financial holding companies, including e-commerce giant Alibaba's payment affiliate Ant Financial Service , paving the way for tighter oversight of the fast-growing sector. The pilot scheme, designed to rein in debt risks among financial holding companies, also included retail conglomerate Suning.com and large state-owned companies such as China Merchants Group, Shanghai International Group, and Beijing Financial Holdings Group, state news agency Xinhua reported late on Friday. Based on the trial, the People's Bank of China (PBOC) aims to roll out a supervision plan for the broader sector as soon as in the first half of 2019, Xinhua said.

  • Simply Wall St.15 days ago

    Real Risks You Need To Know Before Investing In Bank of China Limited (HKG:3988)

    Large banks such as Bank of China Limited (HKG:3988), with a market capitalisation of HK$1.2t, have benefited from improving credit quality as a result of post-GFC recovery, leading to a Read More...

  • Rupee Slump to Push India to Seek Yuan Trade Settlement
    Bloomberg19 days ago

    Rupee Slump to Push India to Seek Yuan Trade Settlement

    The plan would enable direct convertibility between the rupee and yuan and will help cut transaction and hedging costs, the people said, asking not to be identified citing rules. The proposal would allow Indian exports of pharmaceuticals, oilseeds and sugar to China to be settled in rupee, while keeping out trade in high volume products such as electronics, they said. Oil is India’s biggest import item and the government estimates it will pay a record $125 billion, or 8.8 trillion rupees, for crude imports this fiscal year, the highest in rupee terms since 2001.

  • Reuters22 days ago

    DIARY-Hong Kong corporate earnings week ahead

    Oct 26 (Reuters) - Diary of Hong Kong (.HSI) corporate earnings for the week ahead. HONG KONG EARNINGS Start Date Start RIC Company Event Name Time(GMT) 29-Oct-2018 04:00 HSBA.L HSBC Holdings PLC Q3 2018 ...

  • China's New Strategy for Curbing World's Worst Stock Slide
    Bloomberglast month

    China's New Strategy for Curbing World's Worst Stock Slide

    It’s local authorities who have been most active to cushion what’s been a near-30 percent plunge in the Shanghai Composite Index from its January high. Officials in the southern cities of Shenzhen and Shunde as well as Beijing’s Haidian district have moved to help listed firms from their areas, according to local authorities and media reports. Rather than the across-the-board purchases seen in efforts led by the central government in the wake of a $5 trillion sell-off in 2015, this time around aid appears to be channeled to specific companies in need of liquidity support.

  • Reuterslast month

    Analysis: Lost in transmission - China's small firms get more loans on paper but not in reality

    Beijing is keen to show results after four rounds of policy easing, so China's big banks are playing along, highlighting their efforts to boost lending to cash-starved small firms, offering collateral waivers and setting loan targets. The health of millions of small firms, most privately owned, is crucial to China's efforts to ward off a sharp slowdown and mass job losses while fighting a bitter trade war with the United States. The People's Bank of China (PBOC) has cut the amount of cash commercial lenders must hold as reserves four times since January.

  • CNBClast month

    China's markets tumble after the central bank moves to spur the economy

    China's stock markets fell more than 3.7 percent on Monday after the country's central bank announced measures to prop up the economy amid an ongoing trade war with the United States. On Sunday, the People's Bank of China announced it would be cutting the amount of cash that banks have to hold as reserves from Oct. 15. China stock markets tumbled on Monday, as investors were unnerved by the central bank's decision to slash the amount of cash that the country's lenders must hold as reserves, in a bid to help spur economic growth.

  • Simply Wall St.2 months ago

    Financial Metrics For Bank of China Limited (HKG:3988)

    Bank of China Limited (HKG:3988) is a large-cap stock operating in the financial services sector with a market cap of HK$1.18t. As major financial institutions return to health after the Read More...

  • Reuters2 months ago

    China leaves rates steady after Fed as two economies diverge

    China's central bank left short-term rates unchanged on Thursday, choosing not to follow a benchmark interest rate rise by the U.S. Federal Reserve despite the risk that it could that it could put renewed pressure on the yuan. The move by the People's Bank of China (PBOC) means that it did not immediately adjust borrowing costs for interbank loans after the U.S. Federal Reserve raised its key rate overnight. While the PBOC had been expected to stand pat and has not always followed the Fed in lockstep, the decision highlights diverging policy paths for the world's largest economies, with China's economy slowly losing momentum and facing more pressure from escalating U.S. trade tariffs.

  • Reuters2 months ago

    China more confident after stabilising yuan, seen cutting reserve ratio soon

    SHANGHAI/BEIJING, Sept 21 (Reuters) - China's ability to stabilise the yuan in recent weeks despite weak economic data and a further escalation in its trade war with the United States is reinforcing expectations that the central bank will cut banks' reserve ratios again within weeks. Such a move would underscore shifting policy priorities in Beijing, with growth promotion now on par with, if not trumping, a multi-year campaign to reduce leverage and risks in the financial system. The People's Bank of China (PBOC) has made three targeted cuts so far this year to bank reserve requirement ratios, or RRR, to free up more funds and encourage banks to continue to lend, particularly to smaller firms which are facing strains from the slowing economy.

  • Reuters2 months ago

    Trade war could force heavier hand from China on yuan

    China's central bank may have to decide soon whether to intervene more forcefully to support the wobbling yuan currency as the United States readies more sweeping tariffs on Chinese goods. After tinkering around the edges while the yuan fell for four straight months, the People's Bank of China (PBOC) recently signalled it was not comfortable with further losses and managed to steady the currency before it tested the sensitive 7-per-dollar level. President Donald Trump's administration could slap tariffs on another $200 billion of Chinese imports as early as this week, the latest punitive measures aimed at forcing Beijing to improve market access, cut industrial subsidies and slash its huge trade surplus with the United States.

  • Reuters2 months ago

    Trade war could force heavier hand from China on yuan

    China's central bank may have to decide soon whether to intervene more forcefully to support the wobbling yuan currency as the United States readies more sweeping tariffs on Chinese goods. After tinkering around the edges while the yuan fell for four straight months, the People's Bank of China (PBOC) recently signalled it was not comfortable with further losses and managed to steady the currency before it tested the sensitive 7-per-dollar level. President Donald Trump's administration could slap tariffs on another $200 billion of Chinese imports as early as this week, the latest punitive measures aimed at forcing Beijing to improve market access, cut industrial subsidies and slash its huge trade surplus with the United States.

  • Reuters3 months ago

    Hong Kong's digital banking push pits tech newcomers against old-guard lenders

    At least a dozen banks, fintechs and telecom firms are lining up to get a piece of Hong Kong's retail and small business banking market as the regulator prepares to award the former British colony's first online-only banking licenses. Bidders hoping to challenge the dominance of HSBC (HSBA.L) and its local rivals, Bank of China (Hong Kong) (2388.HK) and Standard Chartered (STAN.L), include China's Ant Financial, Tencent , and Ping An Insurance , several people familiar with the process said. StanChart on Thursday said it had set up a new entity for digital banking and had submitted an application for a license.

  • Hong Kong's digital banking push pits tech newcomers against old-guard lenders
    Reuters3 months ago

    Hong Kong's digital banking push pits tech newcomers against old-guard lenders

    At least a dozen banks, fintechs and telecom firms are lining up to get a piece of Hong Kong's retail and small business banking market as the regulator prepares to award the former British colony's first online-only banking licenses. Bidders hoping to challenge the dominance of HSBC (HSBA.L) and its local rivals, Bank of China (Hong Kong) (2388.HK) and Standard Chartered (STAN.L), include China's Ant Financial, Tencent , and Ping An Insurance , several people familiar with the process said. StanChart on Thursday said it had set up a new entity for digital banking and had submitted an application for a license.

  • Moody's3 months ago

    Bank of China (Hong Kong) Limited -- Moody's assigns Baa2(hyb) rating to Bank of China (Hong Kong)'s AT1 securities

    Moody's Investors Service today assigned a Baa2(hyb) rating to the Additional Tier 1 (AT1) securities to be issued by Bank of China (Hong Kong) Limited (BOC Hong Kong). The perpetual non-cumulative AT1 ...

  • Moody's3 months ago

    Bank of China (Hong Kong) Limited -- Moody's affirms Bank of China (Hong Kong)'s ratings with negative outlook

    Moody's Investors Service has affirmed Bank of China (Hong Kong) Limited's ("BOC Hong Kong") foreign and local currency deposit ratings at Aa3/P-1 and the bank's foreign currency senior unsecured MTN program rating at (P)Aa3. Moody's has also affirmed the bank's baseline credit assessment (BCA) and Adjusted BCA at a2, its foreign currency Commercial Paper rating at P-1, its Counterparty Risk Assessment (CR Assessment) at Aa2(cr)/P-1(cr), and its foreign currency Subordinated debt and MTN program rating at A3/(P)A3.

  • Reuters3 months ago

    China's AgBank, BoC post higher profits as margins improve

    BEIJING (Reuters) - Agricultural Bank of China Ltd (AgBank) and Bank of China Ltd (BoC), the country's third- and fourth-largest lenders, reported higher profits for the first half of the year as margins ...

  • Yuan hits four-week high as China signals support, revives X-factor for fixing
    Reuters3 months ago

    Yuan hits four-week high as China signals support, revives X-factor for fixing

    China's yuan finished Monday afternoon trade at a near 4-week high to the dollar after the central bank revived a "counter-cyclical factor" in its daily fixing to support the currency, halting a record 10-week slide that rattled global markets and irritated Washington. The announcement was seen as the latest signal from the People's Bank of China (PBOC) that is not comfortable with further depreciation in the yuan which could spark capital outflows from the cooling economy. The move late on Friday came a day after the latest Sino-U.S. talks aimed at resolving the trade dispute ended with little progress, with tougher U.S. measures expected to kick in next month that could add more pressure on the Chinese currency.