Bank of China Limited (HKG: 3988)

Hong Kong flag Hong Kong · Delayed Price · Currency is HKD
3.330
-0.060 (-1.77%)
Sep 9, 2024, 1:26 PM HKT
24.72%
Market Cap 1.37T
Revenue (ttm) 555.15B
Net Income (ttm) 230.06B
Shares Out 294.39B
EPS (ttm) 0.78
PE Ratio 4.34
Forward PE 4.11
Dividend 0.26 (7.66%)
Ex-Dividend Date Jul 8, 2024
Volume 129,181,547
Open 3.360
Previous Close 3.390
Day's Range 3.320 - 3.380
52-Week Range 2.650 - 3.990
Beta 0.30
Analysts n/a
Price Target n/a
Earnings Date Oct 29, 2024

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

PBOC is expected to set the USD/CNY reference rate at 7.0951 – 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 hours ago - Forexlive

Chinese banks used swaps to build short positions in the dollar of around US$100 billion

Bloomberg (gated) carry the report on exposures of Chinase state-owned banks. In summary: State run Chinese banks have used FX swaps to prop up the yuan Bloomberg cites estimates that the banks have b...

3 days ago - Forexlive

China Ex-Central Bank Governor Makes Rare Nod to Deflation Worry

Former People’s Bank of China Governor Yi Gang said his nation should focus on fighting deflation, in a rare admission by a prominent figure in China that falling prices are threatening the country’s ...

3 days ago - BNN Bloomberg

PBOC is expected to set the USD/CNY reference rate at 7.0927 – 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 ...

3 days ago - Forexlive

China's Central Bank Sees Room to Lower Banks' Reserve-Requirement Ratio

A People’s Bank of China official raised the possibility of further relaxing the amount of reserves banks are required to hold but signaled that no aggressive monetary easing is in the pipeline.

4 days ago - The Wall Street Journal

PBOC is expected to set the USD/CNY reference rate at 7.1010 – 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 ...

4 days ago - Forexlive

China’s 3 monetary pivots under the first year of central bank governor Pan Gongsheng

China’s central bank has conducted at least three large monetary adjustments since Pan Gongsheng was named People’s Bank of China governor in July 2023.

5 days ago - South China Morning Post

PBOC is expected to set the USD/CNY reference rate at 7.1167 – 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

PBOC is expected to set the USD/CNY reference rate at 7.1120 – 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 ...

6 days ago - Forexlive

PBOC is expected to set the USD/CNY reference rate at 7.1030 – 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 ...

7 days ago - Forexlive

China’s central bank tries new tool with 100 billion yuan net purchase of treasury bonds

People’s Bank of China said on Friday it had bought short-term treasury bonds from primary dealers and sold long-term bonds.

10 days ago - South China Morning Post

Bank of China Plans First Interim Dividend as Profits Fall

Bank of China Ltd. announced its first interim dividend since listing in 2006, even as it reported profit growth is faltering.

11 days ago - BNN Bloomberg

Hong Kong’s launch of wCBDC sandbox takes it closer to tokenised market

Six participants, including HSBC, Standard Chartered and Bank of China (Hong Kong), showcased test cases that will be explored to boost scale and interoperability.

12 days ago - South China Morning Post

Liu Jin resigns as Bank of China’s president for undisclosed ‘personal reason’

The move came as a surprise as Liu, born in 1967, has yet to reach the official retirement age of 60 years for China’s public servants and employees of state-owned companies.

14 days ago - South China Morning Post

PBOC is expected to set USDCNY midpoint and 7.1132 versus 7.1358 on Friday

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 ...

14 days ago - Forexlive

Bank of China Appoints Ge Acting President After Liu Resigns

Bank of China Ltd. President Liu Jin has stepped down after a little more than three years in the job, according to a statement from the company filed to the Shanghai Stock Exchange.

15 days ago - BNN Bloomberg

China Won’t Ban Bond Trading But Sees Risk in Buying Frenzy

The People’s Bank of China did not seek to nor will it seek to ban legitimate investments or trading in its government bonds, but it sees risks in a buying spree of the securities, according to people...

16 days ago - BNN Bloomberg

PBOC is expected to set the USD/CNY reference rate at 7.1480 – Reuters model 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 ...

17 days ago - Forexlive

PBOC is expected to set the USD/CNY reference rate at 7.1226 – 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

ForexLive Asia-Pacific FX news wrap: Yen crosses swing again

Potential candidate for Japan PM supports BOJ continuing to hike rates New Zealand data - July card spending -3.8% y/y (prior -3.1%) China automaker lobby warns of enormous risks and uncertainty from ...

19 days ago - Forexlive

PBOC is expected to set the USD/CNY reference rate at 7.1303 – 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

PwC loses major client Bank of China amid regulatory probe

Auditor PwC has lost its largest mainland China-listed client, Bank of China , to rival EY, adding to an exodus of clientele amid a regulatory investigation into its work on troubled property develope...

20 days ago - Reuters

ForexLive Asia-Pacific FX news wrap: USD/JPY swings in a hundred+ point range

China's benchmark lending rates remained unchanged in August - recap Federal Reserve speakers Tuesday include Bostic (on payments) and Barr (on cybersecurity) AUD - weekly survey shows inflation expec...

20 days ago - Forexlive

PBOC is expected to set the USD/CNY reference rate at 7.1317 – 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

U.S., China sign agreement to cooperate on financial stability

The U.S. and China last week signed agreements for cooperating on financial stability, according to a People's Bank of China readout Monday.

21 days ago - CNBC