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India

Bank of China Ltd (3988.HK)

3988.HK on Hong Kong Stock

2.78HKD
27 Nov 2020
Change (% chg)

HK$0.06 (+2.21%)
Prev Close
HK$2.72
Open
HK$2.70
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HK$2.78
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HK$2.70
Volume
247,044,267
Avg. Vol
258,407,663
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HK$3.39
52-wk Low
HK$2.33

Latest Key Developments (Source: Significant Developments)

Bank Of China Proposes To Redeem All First Tranche Domestic Preference Shares
Thursday, 12 Nov 2020 

Nov 12 (Reuters) - Bank of China Ltd <601988.SS>::BANK OF CHINA PROPOSES TO REDEEM ALL FIRST TRANCHE DOMESTIC PREFERENCE SHARES OF BANK.BANK OF CHINA PROPOSES TO REDEEM ALL 320 MILLION DOMESTIC PREFERENCE SHARES (FIRST TRANCHE) WITH NOMINAL VALUE OF RMB100 PER PREFERENCE SHARE.  Full Article

Bank Of China Says Issued Tier-2 Capital Bonds In Aggregate Amount Of RMB 75 Bln
Monday, 21 Sep 2020 

Sept 21 (Reuters) - Bank Of China Ltd <3988.HK>::ISSUED TIER-2 CAPITAL BONDS OF IN AGGREGATE AMOUNT OF RMB75 BILLION IN DOMESTIC INTERBANK BOND MARKET ON 17 SEPT.  Full Article

Shanghai Stock Exchange Filing Shows Block Trade Of Bank Of China's A-Shares Involving 180.9 Mln Yuan
Tuesday, 11 Aug 2020 

Aug 11 (Reuters) - Shanghai Stock Exchange Filing::SHOWS BLOCK TRADE OF BANK OF CHINA'S <<<601988.SS>>> 54.0 MLN A-SHARES INVOLVING 180.9 MILLION YUAN ($26.05 million) ON AUG 11.  Full Article

Shanghai Stock Exchange Filing Shows Block Trade Of Bank Of China's A-Shares Involving 267.4 Mln Yuan On June 18
Thursday, 18 Jun 2020 

June 18 (Reuters) - Shanghai Stock Exchange Filing: :SHOWS BLOCK TRADE OF BANK OF CHINA'S <<<601988.SS>>> 80.66 MLN A-SHARES INVOLVING 267.35 MILLION YUAN ($37.77 million) ON JUNE 18.  Full Article

Bank Of China Says CBIRC Chongqing Approved Start Of Operation Of BOC Financial Leasing
Wednesday, 17 Jun 2020 

June 17 (Reuters) - 3988.HK <3988.HK>::CBIRC CHONGQING OFFICE APPROVED COMMENCEMENT OF OPERATION OF BOC FINANCIAL LEASING CO.BOC FINANCIAL LEASING HAS A REGISTERED CAPITAL OF RMB10.8 BILLION.  Full Article

Amundi End-March AuM Of EUR 1.53 Trillion
Thursday, 30 Apr 2020 

April 30 (Reuters) - AMUNDI SA :Q1 ADJUSTED NET REVENUE EUR 612 MILLION VERSUS EUR 659 MILLION YEAR AGO.Q1 NET INCOME GROUP SHARE EUR 193 MILLION VERSUS EUR 235 MILLION YEAR AGO.AMUNDI CEO SAYS CONFIDENT IN ROBUSTNESS OF RESULTS IN 2020.ALL OF COMPANY FUNCTIONS ARE 100% OPERATIONAL.IMPLEMENTATION OF PARTNERSHIPS WITH BANCO SABADELL AND BANK OF CHINA ON TARGET AND ON SCHEDULE AS ANNOUNCED.DURATION AND IMPACT OF COVID-19 CRISIS ON BUSINESS DIFFICULT TO ASSESS.AUM OF EUR 1.53 TRL AT END-MARCH, UP 3.5% YEAR-ON-YEAR.  Full Article

Bank Of China Posts Qtrly Profit Attributable RMB52,583 Mln
Wednesday, 29 Apr 2020 

April 29 (Reuters) - 3988.HK <3988.HK>::QTRLY PROFIT ATTRIBUTABLE RMB 52,583 MILLION VERSUS RMB 50,965 MILLION.QTRLY NET INTEREST INCOME AMOUNTED TO RMB96.166 BILLION INCREASE OF 7.59%.AT MARCH-END, REPORTED NON-PERFORMING LOANS TOTAL RMB190.657 BILLION.QTRLY NET INTEREST MARGIN WAS 1.80%, A DECREASE OF 0.02 PERCENTAGE POINT.AT MARCH-END, RATIO OF NON- PERFORMING LOANS TO TOTAL LOANS WAS 1.39%.QTRLY OPERATING INCOME RMB148,543 MILLION, UP 5.35 %.QTRLY IMPAIRMENT LOSSES ON ASSETS RMB32.551 BILLION, UP RMB5.216 BILLION OR 19.08% VERSUS SAME PERIOD IN 2019.AS AT MARCH-END, COMMON EQUITY TIER 1 CAPITAL ADEQUACY RATIO STOOD AT 11.24%.  Full Article

Bank Of China Gets Approval To Invest To Establish BOC Financial Leasing
Wednesday, 15 Apr 2020 

April 15 (Reuters) - 3988.HK <3988.HK>::GOT APPROVAL ON PREPARATION & ESTABLISHMENT OF BOC FINANCIAL LEASING BY CHINA BANKING AND INSURANCE REGULATORY COMMISSION.BOC FINANCIAL LEASING IS PROPOSED TO BE INCORPORATED IN CHONGQING WITH REGISTERED CAPITAL OF RMB10.8 BILLION.  Full Article

Bank Of China Posts FY Profit Attributable RMB187,405 Mln
Friday, 27 Mar 2020 

March 27 (Reuters) - 3988.HK <3988.HK>::FY PROFIT ATTRIBUTABLE RMB 187,405 MILLION VERSUS RMB 180,086 MILLION.RECOMMENDED A FINAL DIVIDEND ON ORDINARY SHARES FOR 2019 OF RMB1.91 PER TEN SHARES.FY RETURN ON AVERAGE EQUITY 11.45% VERSUS 12.06%.FY NET INTEREST INCOME RMB 374,250 MILLION VERSUS RMB 359,706 MILLION.FY NET INTEREST MARGIN 1.84% VERSUS 1.90%.AS AT DEC. 31, NON-PERFORMING LOANS TO TOTAL LOANS 1.37%.AS AT DEC. 31, COMMON EQUITY TIER 1 CAPITAL ADEQUACY RATIO 11.30 %.IN 2020, BANK'S RMB LOANS IN CHINESE MAINLAND ARE EXPECTED TO GROW BY APPROXIMATELY 10%.ALTHOUGH COVID-19 WILL HAVE TEMPORARY ECONOMIC IMPACT, OUTLOOK TOWARDS GROWTH FOR CHINESE ECONOMY WILL REMAIN UNCHANGED.IN 2020, BANKING INDUSTRY WILL FACE A COMPLICATED OPERATING ENVIRONMENT.  Full Article

Bank Of China Applied For Listing Of Offshore Preference Shares
Thursday, 5 Mar 2020 

March 5 (Reuters) - 3988.HK <3988.HK>::APPLIED FOR LISTING OF $2.82 BILLION 3.60%. NON-CUMULATIVE PERPETUAL OFFSHORE PREFERENCE SHARES AND H SHARES ISSUABLE UPON CONVERSION.LISTING OF OFFSHORE PREFERENCE SHARES ON HONG KONG STOCK EXCHANGE IS EXPECTED TO BECOME EFFECTIVE ON 5 MARCH.  Full Article

China state banks plan curbs on metals, forex trades if U.S. election fuels volatility

BEIJING/SHANGHAI, Nov 2 Two major state-owned Chinese banks warned on Monday that they could restrict trading of precious metals and foreign exchange products if this week's U.S. presidential election fuels market volatility.