Bank of China Limited (SHA: 601988)

China flag China · Delayed Price · Currency is CNY
5.41
-0.04 (-0.73%)
Jan 20, 2025, 3:00 PM CST
36.27%
Market Cap 1.45T
Revenue (ttm) 531.78B
Net Income (ttm) 217.51B
Shares Out n/a
EPS (ttm) 0.74
PE Ratio 6.65
Forward PE n/a
Dividend 0.24 (4.34%)
Ex-Dividend Date Jan 23, 2025
Volume 131,338,078
Average Volume 198,524,256
Open 5.46
Previous Close 5.45
Day's Range 5.40 - 5.47
52-Week Range 3.95 - 5.59
Beta 0.29
RSI 53.58
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 Shanghai Stock Exchange
Ticker Symbol 601988
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 Statements

News

People's Bank of China keeps one and five-year loan prime rates unchanged in Jan, as expected

The People’s Bank of China ((PBoC)) maintained the 1-year LPR at 3.1% for corporate and most household loans, and the 5-year LPR at 3.6% for mortgages. Both rates are at record lows followi

23 hours ago - Seeking Alpha

PBOC is expected to set the USD/CNY reference rate at 7.3353 – 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 ...

1 day ago - Forexlive

PBOC is expected to set the USD/CNY reference rate at 7.3275 – 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 ...

4 days ago - Forexlive

PBOC is expected to set the USD/CNY reference rate at 7.3247 – 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

Bank Of China Ltd (BACHF) Stock Drops 6.15% on OTC Market

Bank Of China Ltd (BACHF) Stock Drops 6.15% on OTC Market

5 days ago - GuruFocus

PBOC is expected to set the USD/CNY reference rate at 7.3240 – 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 7.3161 – 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 intensified efforts on Monday to stabilize the weakening yuan

China intensified efforts on Monday to stabilize the weakening yuan, which has been under pressure due to a stronger U.S. dollar, declining Chinese bond yields, and rising trade tensions. The measures...

8 days ago - Forexlive

More on China’s Central Bank, Forex Regulators Pledge to Stabilize Yuan

Earlier post on this is here: China Foreign Exchange Committee (CFXC) held meeting - pledged to support yuan The Wall Street Journal reports now (may be gated): Officials said they aim to stabilize th...

8 days ago - Forexlive

PBOC is expected to set the USD/CNY reference rate at 7.3442 – 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 ...

8 days ago - Forexlive

People's Bank of China briefing next week - note for the diary

China's SCIO will hold a press conference on Tuesday, January 14 to discuss the country's high-quality economic development. event will feature PBOC's Xuan Changneng (Defuty Governor) and SAFE's Li Bi...

11 days ago - Forexlive

PBOC is expected to set the USD/CNY reference rate at 7.3138 – 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 ...

11 days ago - Forexlive

Here Are the Tools That China Uses to Manage the Yuan

Monitoring how the People’s Bank of China handles its “managed float” system for the foreign-exchange market isn’t easy. The central bank has various tools at its disposal - some are more transparent,...

11 days ago - BNN Bloomberg

PBOC is expected to set the USD/CNY reference rate at 7.3159 – 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

PBOC is expected to set the USD/CNY reference rate at 7.3435 – 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

China’s central bank overhaul

The People’s Bank of China plans to make a historic shift to a more orthodox monetary policy

13 days ago - Financial Times

PBOC is expected to set the USD/CNY reference rate at 7.2994 – 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 ...

14 days ago - Forexlive

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...

17 days 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..

17 days 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...

18 days 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...

18 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

18 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...

18 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 ...

19 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 ...

21 days ago - Forexlive