|Bid||N/A x N/A|
|Ask||N/A x N/A|
|Day's Range||16.02 - 16.18|
|52 Week Range||12.65 - 17.29|
|Beta (5Y Monthly)||0.62|
|PE Ratio (TTM)||4.77|
|Forward Dividend & Yield||0.90 (5.62%)|
|Ex-Dividend Date||Jul 01, 2020|
|1y Target Est||N/A|
China Construction Bank Ltd (CCB) posted a 2.8% increase in first-quarter profit as China's recovery from the COVID-19 pandemic accelerated and stoked demand for credit in the world's second-largest economy. Net profit rose to 83.1 billion yuan ($12.82 billion) in the three months through March 31 from 80.9 billion a year earlier, China's No. 2 lender by assets said in a filing on Wednesday. CCB and other big state-run banks have benefited as economic activity recovers in China from the coronavirus pandemic.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of China Construction Bank CorporationGlobal Credit Research - 09 Apr 2021Hong Kong, April 09, 2021 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of China Construction Bank Corporation and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review discussion held on 1 April 2021 in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. Since 1 January 2019, Moody's practice has been to issue a press release following each periodic review to announce its completion.This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
Moody's Investors Service ("Moody's") has affirmed the long-term A1 bank deposits and (P)A1 senior unsecured ratings on the Medium Term Note (MTN) program of China Construction Bank Corporation (CCB). The rating outlook remains stable, reflecting Moody's view that the Chinese government's willingness and ability to support CCB will remain broadly unchanged over the next 12-18 months; and CCB's asset quality, capital and profitability will remain stable at the current level during this period. In addition, Moody's has affirmed A1/P-1 rating of long-term/short-term debts issued by CCB's overseas branches and an affiliate.