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Bank of China Ltd (3988.HK)

3988.HK on Hong Kong Stock

2.58HKD
10 Aug 2020
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Tue, May 5 2020

BoC may compensate up to 20% of investments in oil products -sources

BEIJING/SHANGHAI, May 5 Bank of China (BoC) is considering compensating up to 20% of all investors' original investments in crude oil-linked products, and shouldering all losses recorded in negative territory, two sources told Reuters on Tuesday.

BoC says it will try to reach settlements on oil product losses

SHANGHAI/BEIJING, May 5 Bank of China (BoC) will try to reach settlements with investors regarding losses on its crude oil investment product, and would resolve remaining disputes through litigation, it said in a statement released on Tuesday.

China's regulator urges Bank Of China to investigate problem of oil-linked products

HONG KONG/BEIJING, April 30 China's banking and insurance regulator said on Thursday it had asked Bank of China to investigate a problem related to the bank's crude oil products.

UPDATE 1-Retail losses from Bank of China oil investment product could hit $1.3 bln -report

SHANGHAI, April 26 Retail investors may have lost more than 9 billion yuan ($1.27 billion) from a structured crude oil product marketed by the Bank of China, financial news outlet Caixin reported on Sunday citing official sources.

Losses on Bank of China crude oil investment product could hit $1.3 billion - report

SHANGHAI Total losses from a structured crude oil product marketed to retail investors by the Bank of China could be more than 9 billion yuan ($1.27 billion), the Caixin financial news outlet reported on Sunday, citing official sources.

Losses on Bank of China crude oil investment product could hit $1.3 bln-report

SHANGHAI, April 26 Total losses from a structured crude oil product marketed to retail investors by the Bank of China could be more than 9 billion yuan ($1.27 billion), the Caixin financial news outlet reported on Sunday, citing official sources.

Bank of China suspends new open positions for crude oil trading product

SHANGHAI, April 22 Bank of China Ltd (BoC) said on Wednesday it suspended transactions to open new positions for its crude oil futures trading product from Wednesday onwards, following other banks in curtailing their energy product offerings.

Bank of China Q4 profit rises 3.8%, beating estimates

BEIJING/SHANGHAI, March 27 Bank of China Ltd (BoC),, the country's fourth-largest lender by assets, posted 3.8% rise in the net profit for the fourth quarter of 2019.

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