|Bid||0.4970 x 400000|
|Ask||0.5230 x 400000|
|Day's Range||0.4945 - 0.4950|
|52 Week Range||0.4392 - 0.5920|
|Beta (3Y Monthly)||0.68|
|PE Ratio (TTM)||3.69|
|Forward Dividend & Yield||0.03 (6.06%)|
|1y Target Est||N/A|
All Isn't Lost for Baidu Even after Its Q1 Surprise(Continued from Prior Part)Baidu owns 30% of this banking ventureBaidu (BIDU) and China CITIC Bank are seeking up to $1.0 billion in new funding for their digital bank joint venture, according to a
Traditional lenders have been cutting staff and downsizing their branch network amid competition from online payment giants such as Alibaba Group Holding Ltd. affiliate Ant Financial and Tencent Holdings Ltd. More banking transactions in China are now completed outside brick-and-mortar branches. A representative for Baidu declined to comment.
SINGAPORE/SHANGHAI (Reuters) - In a ballroom at the Vienna International Hotel in Shanghai, Mei Liangming was giving a lecture on the ins and outs of getting credit cards, rolling over debts with multiple cards, and cleaning up one's bad credit history. "When you've nothing left to pledge as collateral and banks no longer wish to lend any money to you, your credit cards are your life raft," Mei, a financial consultant from Shenzhen Shandao Management Consulting, told a 100-strong audience. Such lectures are gaining popularity in China among desperate borrowers as a slowing economy hurts the ability of some to pay their dues.
April 2 (Reuters) - China Citic Bank Corp Ltd : * SAYS CHINA'S BANKING AND INSURANCE REGULATOR APPROVES FANG HEYING AS HEAD OF THE BANK Source text in Chinese: https://bit.ly/2FPGbHK Further company coverage: ...
Feb 26 (Reuters) - China Citic Bank Corp Ltd : * SAYS IT APPOINTS FANG HEYING AS HEAD OF THE BANK, REPLACING SUN DESHUN WHO HAS RETIRED Source text in Chinese: https://bit.ly/2H8gYcy; https://bit.ly/2GICvJP ...
Jan 11 (Reuters) - China Citic Bank Corp Ltd : * SAYS PRELIM 2018 NET PROFIT UP 4.6 PERCENT Y/Y AT 44.5 BILLION YUAN ($6.60 billion) Source text in Chinese: https://bit.ly/2FrwxeA Further company coverage: ...
Dec 13 (Reuters) - China Citic Bank Corp Ltd : * SAYS IT PLANS NON-PUBLIC OFFERING OF PREFERENCE SHARES TO RAISE UP TO 40 BILLION YUAN ($5.81 billion) * SAYS IT PLANS TO SET UP WEALTH MANAGEMENT UNIT WITH ...