|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||17.96 - 18.11|
|52 Week Range||14.99 - 21.47|
|Beta (3Y Monthly)||1.19|
|PE Ratio (TTM)||5.84|
|Forward Dividend & Yield||0.88 (4.95%)|
|1y Target Est||N/A|
BEIJING/HONG KONG (Reuters) - China's top four state-controlled banks warned bad loans could rise and interest margins would shrink industry-wide, as three of them posted their weakest quarterly profit growth in more than two years. Top lender Industrial and Commercial Bank of China (ICBC) reported flat net profit of 58.05 billion yuan ($8.63 billion) for the fourth quarter, the first time it has seen no growth in a quarter since the July-September 2016 quarter. Agricultural Bank of China Ltd (AgBank), the third-largest lender, also posted a drop of 5.4 percent on Friday in fourth-quarter net profit, its first quarterly decline since 2015.
* Profit at 40.55 bln yuan vs 43 bln yuan analyst view -Reuters calc * NPL 1.46 pct at December-end vs 1.47 pct three months prior * Net interest margin at 2.31 pct from 2.34 pct at September-end * (Adds ...
SINGAPORE/HONG KONG, March 27 (Reuters) - China Construction Bank Corp (CCB) reported a 1 percent drop in fourth-quarter net profit on Wednesday, missing analysts' estimates. China's second-biggest lender ...
Moody's Investors Service ("Moody's") today affirmed the A2 long-term deposit and issuer ratings of China Construction Bank (Europe) S.A. (CCB Europe), with a stable outlook, and its Prime-1 short-term deposit and issuer ratings. The agency also affirmed the bank's standalone baseline credit assessment (BCA) of ba2, its adjusted BCA of baa2, its Counterparty Risk (CR) assessment of A1 (cr)/Prime-1(cr) and its long-term and short-term Counterparty Risk Ratings (CRRs) of A1 and Prime-1, respectively.
Resolution of legacy business misconducts will go a long way in removing legal uncertainty for UBS Group (UBS) and Standard Chartered (SCBFF).
Jan 10 (Reuters) - CCID Consulting Co Ltd: * SUBSCRIBED FOR WEALTH MANAGEMENT PRODUCT FROM CHINA CONSTRUCTION BANK WORTH, RMB29 MILLION Source text for Eikon: Further company coverage:
Rating Action: Moody's affirms ratings of six Chinese and Hong Kong leasing companies on application of new Finance Companies Rating Methodology. Global Credit Research- 11 Dec 2018. Hong Kong, December ...
Moody's Investors Service ("Moody's") has assigned an A1 rating to the proposed 3-year EUR-denominated floating-rate senior unsecured green bond to be issued by China Construction Bank Corporation ...
I am writing today to help inform people who are new to the stock market and want to begin learning the link between company’s fundamentals and stock market performance. ChinaRead More...
Moody's Investors Service has today withdrawn all ratings and assessments assigned to China Construction Bank (Brasil) S.A. (CCB Brazil). Before the withdrawal, the outlook on the global local currency deposit rating was negative and the outlook on the global foreign currency deposit rating was stable. At the same date, Moody's has also withdrawn all ratings and assessments assigned to China Construction Bank (Brasil) S.A., Cayman.
Hong Kong's securities regulator has fined China Construction Bank International Capital (CCBIC) HK$24 million ($3.06 million) for failings related to its role as sponsor when it tried to bring seafood company Fujian Dongya Aquatics to market in 2014. The disciplinary action is the third in what is expected to be a series of measures by the Securities and Futures Commission (SFC) against banks for misconduct when sponsoring IPOs in the Asian financial hub. CCBIC, a unit of state-owned China Construction Bank , has also agreed to an independent review of its policies and procedures in relation to its sponsor work, the SFC said in a statement on Monday.
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 today assigned Counterparty Risk Ratings to 19 banks and their branches and subsidiaries in the Benelux region: ABN AMRO Bank N.V. (ABN AMRO), Axa Bank Belgium (ABB), Banque et ...
Improving credit quality as a result of post-recession recovery has led to a strong growth environment for financial institutions. Large banks such as China Construction Bank Corporation (HKG:939), with aRead More...
As property prices rocket across China, Beijing has appealed to the country's banks and insurers to help accelerate the development of rental markets as a way of making homes more affordable – and rein in speculative sale markets. The big state banks have responded by pledging more than 3 trillion yuan (£351.5 billion) in rental housing financing, including for real estate developers, leasing firms and tenants, according to Reuters calculations. The total value of the rental market was 1.3 trillion yuan last year.
Moody's Investors Service has today affirmed all the ratings and maintained all the outlooks for the New Zealand subsidiaries of three Chinese banks at their current levels, namely, Bank of China (New ...
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.
May 24 (Reuters) - Carpenter Tan Holdings Ltd: * UNITS & CHINA CONSTRUCTION BANK CORP ENTER WEALTH MANAGEMENT PRODUCT AGREEMENTS Source text for Eikon: Further company coverage:
China Construction Bank Corporation (SEHK:939) saw significant share price volatility over the past couple of months on the SEHK, rising to the highs of HK$8.59 and falling to the lowsRead More...
May 2 (Reuters) - 5I5j Holding Group: * SAYS IT SIGNS FRAMEWORK AGREEMENT WITH CHINA CONSTRUCTION BANK ON HOUSE LEASING BUSINESS Source text in Chinese: https://bit.ly/2JJqwcc Further company coverage: ...
BEIJING/SHANGHAI (Reuters) - China's Big Five state-owned banks posted their fastest first-quarter net profit growth in four years, while their ratio of soured debt remained steady. China's biggest lenders are in the midst of a revival, posting faster profit growth and generally healthier net interest margins after years of rising bad debt as economic growth slowed down. On Friday, Agricultural Bank of China Ltd (AgBank), reported a 5.43 percent rise in first-quarter net profit, while the country's largest bank, Industrial and Commercial Bank of China Ltd (ICBC), said its net profit grew 4 percent over the same period.