Bank of China Limited (HKG: 3988)

Hong Kong flag Hong Kong · Delayed Price · Currency is HKD
3.930
+0.030 (0.77%)
Jan 3, 2025, 4:08 PM HKT
33.22%
Market Cap 1.53T
Revenue (ttm) 589.02B
Net Income (ttm) 240.92B
Shares Out 294.39B
EPS (ttm) 0.81
PE Ratio 4.82
Forward PE 4.89
Dividend 0.26 (6.53%)
Ex-Dividend Date Jan 13, 2025
Volume 277,670,880
Open 3.890
Previous Close 3.900
Day's Range 3.860 - 3.940
52-Week Range 2.790 - 4.000
Beta 0.30
Analysts n/a
Price Target n/a
Earnings Date Mar 28, 2025

About Bank of China

Bank of China Limited, together with its subsidiaries, provides various banking and financial services in Chinese Mainland, Hong Kong, Macao, Taiwan, and internationally. It operates through six segments: Corporate Banking, Personal Banking, Treasury Operations, Investment Banking, Insurance, and Other. The Corporate Banking segment provides current accounts, deposits, overdrafts, loans, payments and settlements, trade-related products, and other credit facilities, as well as foreign currency, derivative, and wealth management products for corp... [Read more]

Sector Financials
Founded 1912
Employees 306,931
Stock Exchange Hong Kong Stock Exchange
Ticker Symbol 3988
Full Company Profile

Financial Performance

In 2023, Bank of China's revenue was 518.28 billion, an increase of 6.10% compared to the previous year's 488.48 billion. Earnings were 216.61 billion, an increase of 1.64%.

Financial numbers in CNY Financial Statements

News

Chinese Bond Yields Fall Below 2% For First Time Amid Rising Deflation Concerns And US Dollar Surge Since Trump Victory

Chinese government bond yields dropped below 2% for the first time ever, highlighting deepening concerns about deflation in the world’s second-largest economy as the U.S. dollar reaches new highs amid...

1 day ago - Benzinga

People’s Bank of China signals interest rate reduction this year amid policy shift

The People’s Bank of China announced on Friday that it would likely reduce interest rates from the current 1.5% "at an appropriate time" this year, marking a significant shift in its..

1 day ago - Seeking Alpha

ForexLive Asia-Pacific FX news wrap: PBoC and NDRC with China-supportive comments

Washington Post reports that Biden will block sale of US Steel to Japanese buyer Fed's Daly and Kugler are speaking on Saturday, January 4, 2025 - topic is monetary policy China state planner official...

1 day ago - Forexlive

PBOC says interest rate cuts are likely in 2025 "at an appropriate time"

People's Bank of China says an interest rate cut this year is likely at an appropriate time. The main policy rate in China is the OMO reverse repo. This is currently at 1.5% and its this the PBoC says...

2 days ago - Forexlive

China’s central bank plans policy overhaul as pressure mounts on economy

People’s Bank of China will start to behave more like US Fed in using one main interest rate to steer demand for credit

2 days ago - Financial Times

RBC forecasts a much weaker yuan in 2025, project USD/CNY to 7.55 by year end

RBC projects the USD/CNY exchange rate to rise to 7.55 by year-end. Analysts at the bank cite: weak economic prospects for China, the economy remains burdened by the real estate slump and sluggish con...

2 days ago - Forexlive

PBOC is expected to set the USD/CNY reference rate at 7.2916 – Reuters estimate

People's Bank of China USD/CNY reference rate is due around 0115 GMT. The People's Bank of China (PBOC), China's central bank, is responsible for setting the daily midpoint of the yuan (also known as ...

3 days ago - Forexlive

PBOC is expected to set the USD/CNY reference rate at 7.2832 – Reuters estimate

People's Bank of China USD/CNY reference rate is due around 0115 GMT. The People's Bank of China (PBOC), China's central bank, is responsible for setting the daily midpoint of the yuan (also known as ...

5 days ago - Forexlive

People's Bank of China Governor says room for lower rate

PBOC governor Pan Gongsheng statement: monetary policy adjustments should be intensified average deposit reserve ratio for Chinese banks is around 6.6% compared to central banks in other major economi...

6 days ago - Forexlive

PBOC is expected to set the USD/CNY reference rate at 7.2981 – Reuters estimate

People's Bank of China USD/CNY reference rate is due around 0115 GMT. The People's Bank of China (PBOC), China's central bank, is responsible for setting the daily midpoint of the yuan (also known as ...

9 days ago - Forexlive

PBOC is expected to set the USD/CNY reference rate at 7.3031 – Reuters estimate

People's Bank of China USD/CNY reference rate is due around 0115 GMT. The People's Bank of China (PBOC), China's central bank, is responsible for setting the daily midpoint of the yuan (also known as ...

12 days ago - Forexlive

Bank Of China Ltd (BACHF) Sees Significant Stock Movement on OTC Market

Bank Of China Ltd (BACHF) Sees Significant Stock Movement on OTC Market

12 days ago - GuruFocus

Abu Dhabi University partners with the Bank of China

To empower future leaders in finance and marketing

12 days ago - Zawya

PBOC is expected to set the USD/CNY reference rate at 7.2880 – Reuters estimate

People's Bank of China USD/CNY reference rate is due around 0115 GMT. The People's Bank of China (PBOC), China's central bank, is responsible for setting the daily midpoint of the yuan (also known as ...

13 days ago - Forexlive

PBOC is expected to set the USD/CNY reference rate at 7.3089 – Reuters modelled estimate

People's Bank of China USD/CNY reference rate is due around 0115 GMT. The People's Bank of China (PBOC), China's central bank, is responsible for setting the daily midpoint of the yuan (also known as ...

16 days ago - Forexlive

The PBOC is expected to set the USD/CNY reference rate at 7.3165 – Reuters estimate

The Bank will face a battle propping up the yuan today *** People's Bank of China USD/CNY reference rate is due around 0115 GMT. The People's Bank of China (PBOC), China's central bank, is responsible...

17 days ago - Forexlive

PBOC is expected to set the USD/CNY reference rate at 7.2838 – Reuters estimate

People's Bank of China USD/CNY reference rate is due around 0115 GMT. The People's Bank of China (PBOC), China's central bank, is responsible for setting the daily midpoint of the yuan (also known as ...

18 days ago - Forexlive

PBOC is expected to set the USD/CNY reference rate at 7.2842 – Reuters estimate

People's Bank of China USD/CNY reference rate is due around 0115 GMT. The People's Bank of China (PBOC), China's central bank, is responsible for setting the daily midpoint of the yuan (also known as ...

19 days ago - Forexlive

PBOC sets USD/ CNY reference rate for today at 7.1882 (vs. estimate at 7.2769)

The People's Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead. USD/CNY is the onshore yuan. Its permitted to trade plus or minus 2% from this daily reference rate....

20 days ago - Forexlive

PBOC is expected to set the USD/CNY reference rate at 7.2769 – Reuters estimate

People's Bank of China USD/CNY reference rate is due around 0115 GMT. The People's Bank of China (PBOC), China's central bank, is responsible for setting the daily midpoint of the yuan (also known as ...

20 days ago - Forexlive

Vigorous Words, But No Bazooka

On September 24 the People’s Bank of China, the country’s central bank, announced a series of measures to stimulate the moribund Chinese economy.

21 days ago - Seeking Alpha

PBOC Vows to Guard Against FX Shocks, Senior Official Says

The People’s Bank of China will improve how it manages exchange rate expectations and guard against any shocks next year, according to a senior bank official.

22 days ago - BNN Bloomberg

PBOC is expected to set the USD/CNY reference rate at 7.2745 – Reuters estimate

Posted earlier: Trump trade adviser Navarro warns on FX manipulation *** People's Bank of China USD/CNY reference rate is due around 0115 GMT. The People's Bank of China (PBOC), China's central bank, ...

23 days ago - Forexlive

ForexLive Asia-Pacific FX news wrap: AUD jumps after strong jobs report

Huge improvement in the Australian jobs data may be a 'head fake' Fed faces a tougher battle against inflation than the ECB: US$ to stay stronger than EUR Goldman Sachs expect the Bank of Japan to rem...

23 days ago - Forexlive

PBOC is expected to set the USD/CNY reference rate at 7.2438 – Reuters estimate

Earlier re China: In 2024, China saw its first outflow of foreign direct investment in decades What the market misunderstands about China *** People's Bank of China USD/CNY reference rate is due aroun...

24 days ago - Forexlive