Bank Of Communications (601328) Stock Price, News, Quotes-Moomoo

About Bank Of Communications Company

The company was founded in 1908. It is one of the banks with the longest history in China and one of the banknote issuers in modern China. On April 1, 1987, the reorganized Bank of Communications officially opened to the outside world, becoming the first national state-owned commercial bank in China, with its head office in Shanghai. The Bank of Communications was listed on the Hong Kong Stock Exchange in June 2005 and listed on the Shanghai Stock Exchange in May 2007. We provide customers with corporate finance services, personal finance services, and interbank and financial market services. Corporate honors: In the “2016 Global Top 500 Companies” ranking published by the US “Fortune” magazine, the Bank of Communications ranked 153rd (ranked by revenue), up 37 places from the previous year. This is the eighth year in a row that ACC has entered this list. In the “2016 World's Top 1000 Banks” ranking published by the British “Banker” magazine, Bank of Communications ranked 13th (ranked by total first-class capital), up 4 places from the previous year. This is the third year in a row that ICBC has ranked among the top 20 banks in the world; during the reporting period, it achieved net profit of 2,002 billion yuan, an increase of 6.08% over the previous year. The company has successively received 15 honorary awards, including “Financial Leasing Company of the Year”, “2022 Forbes Financial Leasing Industry Leading Industry Award” from the Financial Times, and “Shanghai Banking Industry Outstanding Contribution Institution” from the Shanghai Bankers Association. By the end of the reporting period, the Group had 23 overseas branches (sub-branches) and representative offices in Hong Kong, New York, London, Singapore, Tokyo, Frankfurt, Luxembourg, Sydney, etc., to provide customers with comprehensive financial services such as deposits, loans, international settlement, trade financing, and foreign exchange; established an overseas banking service network with 1,031 banks in 129 countries and regions, and opened 221 cross-border RMB accounts for 94 overseas RMB participating banks in 30 countries and regions; opened 28 RMB accounts in 67 banks in 32 countries and regions, totaling 114 foreign currency settlements account.

Revenue Breakdown

Product Currency:CNY

Stock NameRevenueRatio

Net interest income82.39B60.07%

Net income from fees and commissions24.58B17.92%

income from investment15.74B11.47%

Other operating income11.7B8.53%

Net income / (loss) from changes in fair value1.94B1.42%

Assets disposal income416M0.30%

Other benefits306M0.22%

Net income from exchange and exchange rate products85M0.06%

View all

Financial Indicators

EPS

According to the latest financial report of Bank Of Communications, the latest earnings per share (TTM) for the company is --. Investing in companies with strong earnings per share can potentially provide higher returns.

Cumulative Quarterly

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News

Comments

Moomoo AI

10/13 12:01

Bank of Communications' EPS growth and positive TSR over the last three years suggest favourable sentiment and expectations among investors. The share price momentum remains strong, which indicates positive sentiment around the company and presents potential opportunities for investors.

Bank of Communications (HKG:3328) Stock Performs Better Than Its Underlying Earnings Growth Over Last Three Years

AlanYeo

07/12 10:14

DBS: <News Alert> China banking sector: Jun total social financing grew 9%, new increment above expectation

1

Spinee

03/15 11:26

JPM Not See Apparent Synergies between HSBC and SVB UK; Bank of China shares will rise

$HSBC HOLDINGS(00005.HK)$ announced to acquire the U.K. branch of the collapsed Silicon Valley Bank $硅谷银行(SIVB.US)$ for a stated purchase price of GBP1, JPMorgan commented. The actual price, however, will depend on the amount of capital shortfall of SVB UK.
The broker expressed that there is no apparent synergies between HSBC and SVB UK, and the acquisition could be viewed as an act of national service t...

AlanYeo

08/30/2022 17:06

DBS: Bank of Communications Co Ltd – Buy Target Price HK$5.70

https://alphaedgeinvesting.com/2022/08/30/dbs-bank-of-communications-co-ltd-buy-target-price-hk5-70/
$BANKCOMM(03328.HK)$$Bank Of Communications(601328.SH)$

AlanYeo

07/18/2022 17:16

DBS: China Banking Sector – A big concern, or over-panic on China banks?

1

AlanYeo

07/12/2022 15:14

China banks’ TSF increased 10.8% with loosening monetary policy, credit environment improved at an accelerated pace. Top picks by DBS: Postal Savings Bank of China and China Merchant Bank.

https://alphaedgeinvesting.com/2022/07/12/china-banks-tsf-increased-10-8-with-loosening-monetary-policy-credit-environment-improved-at-an-accelerated-pace-top-picks-by-dbs-postal-savings-bank-of-china-and-china-merchant-bank/
$Ping An Bank(000001.SZ)$$CITIC BANK(00998.HK)$$ABC(01288.HK)$$ICBC(01398.HK)$$PSBC(01658.HK)$$BANKCOMM(03328.HK)$$CM BANK(03968.HK)$$BANK OF CHINA(03988.HK)$$China Merchants Bank(600036.SH)$$Agricultural Bank Of China(601288.SH)$$Bank Of Communications(601328.SH)$$Postal Savings Bank Of China(601658.SH)$$China Everbright Bank(601818.SH)$$Bank Of China(601988.SH)$$China CITIC Bank Corporation(601998.SH)$$CEB BANK(06818.HK)$

1

AlanYeo

06/13/2022 11:02

DBS: China Banks

<News Alert> China Banking Sector: May Total Social Financing Rmb 329tr or 10.5% y-o-y growth, higher than expected
https://alphaedgeinvesting.com/2022/06/13/dbs-china-banks-3/
$CEB BANK(06818.HK)$ $China CITIC Bank Corporation(601998.SH)$ $Bank Of China(601988.SH)$ $China Everbright Bank(601818.SH)$ $Postal Savings Bank Of China(601658.SH)$ $Bank Of Communications(601328.SH)$ $Agricultural Bank Of China(601288.SH)$ $China Merchants Bank(600036.SH)$ $BANK OF CHINA(03988.HK)$ $CM BANK(03968.HK)$ ...

Market Insight

02/18/2022 18:08

ColumnsInstitutions: optimistic about high-dividend assets in Hong Kong stocks

The agency said the performance of Internet companies is expected to pick up in 2022.
The Hong Kong stock market has significantly outperformed A shares and US stocks since the beginning of the year. Take the Hang Seng Index as an example, the Hang Seng Index rose 6.45% as of February 14, 2022. Over the same period, the CSI 300 index fell 6.86%, and the s & p 500 index fell 7.29%. In Hong Kong stocks, the financial, real estate, and high dividend assets related to steady growth are relatively outstanding.
Looking back, can Hong Kong stocks still be laid out? Which plates are worth paying attention to? In this regard,Bosera Fund Index and Quantitative Investment Department ETF Group Deputy Director and Fund Manager Wan Qiong issued the latest point of view.
The following is the full text of the question and answer:
Q：After falling continuously last year, the Hong Kong stock market showed up at the beginning of the year. What? Characteristics? What factors brought about the rebound of the Hong Kong stock market at the beginning of the year.
Wan Qiong: the Hong Kong stock market has significantly outperformed A shares and US stocks since the beginning of the year. Take the Hang Seng Index as an example, as of February 14, 2022, the Hang Seng Index has risen 6.45%. Over the same period, the CSI 300 index fell 6.86%, and the s & p 500 index fell 7.29%. In Hong Kong stocks, the financial, real estate, and high dividend assets related to steady growth are relatively outstanding.
On the one hand, China's stable growth policy has changed the market's pessimistic expectations of the traditional economy, on the other hand, the valuations of Hong Kong's equity assets are more attractive than other markets. Take the Hang Seng High dividend Index as an example. At the beginning of the year, the price-to-earnings ratio of the index was at its lowest level in nearly a decade, and the dividend yield of the index exceeded 7% at the beginning of the year.
Q：From the perspectives of macro-economy, monetary liquidity, market sentiment, fundamentals, etc.HowAnalyze the trend of the Hong Kong stock market in 2022?
Wan Qiong: from a macro-economic point of view, the domestic economy is expected to remain stable. Although it faces pressures such as declining real estate, epidemic disturbance, and falling exports in the short term, China's economy will remain stable throughout the year with the gradual implementation of stable growth policies. In terms of liquidity, Hong Kong stocks face the dual role of China's easing and Fed interest rate hikes. Although the proportion of southward funds in Hong Kong stocks has increased significantly in recent years, on the whole, the Hong Kong market is still greatly affected by overseas liquidity. Therefore, 2022 Hong Kong stocks liquidity is in a neutral state of not optimistic and not pessimistic.
The fundamentals can be divided into three aspects: on the one hand, the cyclical plate related to steady growth, represented by financial and real estate, on the other hand, the new economic plate represented by technology leading companies, and the last piece are Hong Kong's leading enterprises.
As for the sectors related to stable growth, we are not pessimistic. We believe in the determination and ability of the government. With the development of policies, the traditional economy related to stable growth can remain stable. At the same time, as Europe and the United States and other countries gradually recover from the epidemic, China is still facing the impact of the disturbance of the epidemic, which will also have a certain impact on the export-related sectors.
The policy pressure faced by the new economy companies represented by the Internet is gradually digested, and the fundamentals as a whole are in a state of marginal improvement. It is expected that with the continuous landing of regulatory policies and cases and the end of the business adjustment of Internet companies, the performance of Internet companies is expected to pick up in 2022. In the long run, the Internet industry still has a high-efficiency advantage over traditional industries, and the existing business is expected to maintain steady growth. The last piece is the Hong Kong local sector, and the performance of these companies depends largely on when Hong Kong fully recovers from the epidemic.
Generally speaking, the overall fundamentals of Hong Kong stocks in 2022 have challenges but also opportunities. Combining macroeconomic, fundamentals, and liquidity, it is expected that the Hong Kong stock market will have a valuation repair market in 2022, and the Hong Kong stock market will be dominated by structural markets throughout the year.
Q：The Hong Kong stock market is usually affected by the domestic market and the American market. Which factors need to be paid attention to may cause certain fluctuations to the Hong Kong stock market？
Wan Qiong: First of all, we need to pay attention to the impact of the Fed interest rate hike. The current inflation in the United States is high. If the Fed raises interest rates faster than expected, it will have a greater impact on global liquidity. From historical data, Hong Kong stocks will also face a greater impact. Another need to pay close attention to the impact and impact of the clearance of the domestic real estate industry, although on the whole, we think that the risk of real estate developers is controllable, but do not rule out the periodic impact on the economy and market sentiment.
Q：Which industries are optimistic about investment opportunities?
Wan Qiong: on the one hand, we are optimistic about the opportunity to repair the valuation of high dividend assets. There is a high correlation between high dividend assets and stable growth policies, and the fundamentals are very resilient. On the other hand, the current valuation of high-dividend assets is historically low and the dividend return is high. On the other hand, it is optimistic that there has been a sharp decline in industries that have been suppressed by policies, but still have prospects for development in the long run, such as the Internet, health care, and so on.
First, after a sharp fall in the previous period, the current valuations of these assets are relatively low in history. At the same time, in the long run, there is still a lot of room for demand growth in these industries. The early decline is mainly caused by policy, as the previous policy has been relatively strict, the current point of view, there will be no stricter restrictions on the introduction of policies, therefore, when the current market mood is pessimistic, it is precisely a good time to layout such high-quality assets.
$Hang Seng Index(800000.HK)$$TENCENT(00700.HK)$$MEITUAN-W(03690.HK)$$Hang Seng TECH Index(800700.HK)$$Growth Tech(BK2518.US)$$BANKCOMM(03328.HK)$$PH Real Estate B(150193.SZ)$

4

Market Insight

01/17/2022 18:42

ColumnsUnderstand the investment opportunities of the cycle industry

Looking forward to 2022, under the influence of policies, institutions are optimistic about major infrastructure sectors such as construction, building materials and real estate, as well as transformational enterprises such as electricity and coal.
Standing at the beginning of 2022 is a good time to look forward to investment opportunities for the whole year. From the plate dimension, what are the investment opportunities for this year...

How did you deal with losses in the stock market?

3

Market Insight

01/12/2022 17:09

ColumnsInstitutions: The banking sector is likely to rise in January

At the beginning of the new year, bank stocks' 2021 performance forecast continued to exceed expectations, and also become a rare strong gold-absorbing plate of A-shares at present.
It is worth mentioning that, looking back, many institutions think that bank stocks will have a good market in the first quarter.
Let's move on.
The main funds greatly increase their holdings of bank shares
The author noticed that the main funds also incre...

How can we seize opportunities in ever-changing markets?

1

AlanYeo

11/11/2021 02:04

CIMB: Bank of Communications-A – HOLD TP Rmb4.00 (Previous Rmb5.40)/ Bank of Com

CIMB: Bank of Communications-A – HOLD TP Rmb4.00 (Previous Rmb5.40)/ Bank of Communications – ADD TP HK$4.50 (Previous HK$6.10)
https://alphaedgeinvesting.com/2021/11/10/cimb-bank-of-communications-a-hold-tp-rmb4-00-previous-rmb5-40/
$Bank Of Communications(601328.SH)$ $BANKCOMM(03328.HK)$

5

画家 (Chartist）

05/15/2021 13:36

Beautiful uptrend intact (3328.HK)

Bank of Communications (3328.HK) is currently resisted at 5.17, if it breaks out from this level, could be heading towards 5.30 (First target) and 5.68 (Second target) respectively.
Longer term 6.62 and 7.06.
$BANKCOMM(03328.HK)$

Stocks & Markets Analysis

601328 Bank Of Communications

About Bank Of Communications Company

Revenue Breakdown

Financial Indicators

News

Comments

DBS: <News Alert> China banking sector: Jun total social financing grew 9%, new increment above expectation

JPM Not See Apparent Synergies between HSBC and SVB UK; Bank of China shares will rise

DBS: China Banks

DBS: China Banks

DBS: Bank of Communications Co Ltd – Buy Target Price HK$5.70

CIMB: China Banks (Neutral)

DBS: China Banking Sector – A big concern, or over-panic on China banks?

China banks’ TSF increased 10.8% with loosening monetary policy, credit environment improved at an accelerated pace. Top picks by DBS: Postal Savings Bank of China and China Merchant Bank.

DBS: China Banks

ColumnsInstitutions: optimistic about high-dividend assets in Hong Kong stocks

ColumnsUnderstand the investment opportunities of the cycle industry

ColumnsInstitutions: The banking sector is likely to rise in January

CIMB: Bank of Communications-A – HOLD TP Rmb4.00 (Previous Rmb5.40)/ Bank of Com

Beautiful uptrend intact (3328.HK)