601988 Bank Of China
- 4.48
- -0.11-2.40%
Bank Of China News
Beishui Trends | Beishui Trading's net purchases of 3.249 billion domestic bank stocks and domestic housing stocks are now divided, and China Mobile (00941) has increased its positions
On April 30, in the Hong Kong stock market, Beishui made a net purchase of HK$3,249 million, of which the Hong Kong Stock Connect (Shanghai) transaction made a net purchase of HK$2.77 billion and the Hong Kong Stock Connect (Shenzhen) transaction made a net purchase of HK$479 million.
Big Bank Ratings｜Citibank: Maintaining the Bank of China's “buy” rating, first-quarter revenue and profit were weaker than peers
According to a report published by Citibank, the Bank of China's operating profit before provision for the first quarter was 106.7 billion yuan, down 5.2% from year to year. The net profit growth after tax was slightly better than expected, but it still fell 2.9% year-on-year to 56 billion yuan, which is equivalent to a forecast of 24.8% for the full year, mainly due to increased provision expenses. The return on shareholders' equity was 9.9%, down 118 basis points from year to year. According to the report, the main positive news included steady growth in loans, 4.6% quarterly and 12.4% year-on-year, mainly driven by local loans. Deposits grew 5.2% quarterly and 10% year-on-year. In terms of asset quality, no
[Hong Kong Stock Connect] Bank of China (03988) fell 3.86% in the afternoon, institutions say first-quarter revenue and profit were weaker than peers
Jinwu Financial News | Bank of China (03988)'s stock price weakened in the afternoon. As of press release, it was HK$3.49, down 3.86%, with a turnover of HK$2,043 billion. Citi said that the Bank of China's revenue and profit in the first quarter was weak compared to its peers, mainly affected by weak net interest spreads and expenses. The bank believes that the market has high expectations for the increase in operating profit before the Bank of China's provision because it is estimated that overseas business supports better net interest spread performance, but the net interest spread trend in the first quarter and the increase in operating profit before provision all disappointed the market, and there will be more information after the analysts' meeting. Furthermore, UBS published a report stating that the fundamentals of the Bank of China were still weak in the first quarter. But the bank is still
Bank of China: Higher Impairment Losses, Expenses Among Factors Weighing on Results >3988.HK
Bank of China: Higher Impairment Losses, Expenses Among Factors Weighing on Results >3988.HK
Bank of China 1Q Net CNY55.99B Vs. Net CNY57.66B >3988.HK
Bank of China 1Q Net CNY55.99B Vs. Net CNY57.66B >3988.HK
Bank of China (601988.SH): First quarter revenue decreased by 3.12% year on year
Gelonghui, April 29丨Bank of China (601988.SH) released its report for the first quarter of 2024. During the reporting period, the company achieved operating income of 161,038 billion yuan, a year-on-year decrease of 3.12%; after-tax profit of 59.973 billion yuan, a year-on-year decrease of 2.84%; the Bank's shareholders' profit after tax was 55.989 billion yuan, a decrease of 2.9% year on year; and basic earnings per share were 0.18 yuan.
公告-董事會決議
Bank of China (03988.HK) profit after tax for the first quarter was $59.973 billion
Gelonghui, April 29 | Bank of China (03988.HK) announced that in the first quarter of 2024, the Group achieved after-tax profit of 59,973 billion yuan, and realized the Bank's shareholders' after-tax profit of 55.989 billion yuan, a year-on-year decrease of 2.84% and 2.90%, respectively. Average return on total assets (ROA) of 0.73%, return on net assets (ROE) of 9.86%. The core Tier 1 capital adequacy ratio is 12.02%, the Tier 1 capital adequacy ratio is 14.00%, and the capital adequacy ratio is 18.52%. The Group achieved net interest income of $112,712 billion, a year-on-year decrease of 4
2024年第一季度報告
Beishui Trends | Beishui Transactions made a net purchase of 2,753 billion yuan in domestic capital to grab the Bank of China (03988) to raise more than HK$1.5 billion and sell China Mobile (00941) to exceed 600 million
The Zhitong Finance App learned that on April 29, the Hong Kong Stock Exchange had a net purchase of HK$2,753 billion, of which Hong Kong Stock Connect (Shanghai) had a net purchase of HK$2.181 billion and the Hong Kong Stock Connect (Shenzhen) transaction had a net purchase of HK$572 million. The individual stocks that Beishui Net bought the most were Bank of China (03988), Shangtang-W (00020), and Sunac China (01918). The individual stocks sold the most by Beishui Net were China Mobile (00941), Tencent (00700), and Vanke (02202). Hong Kong Stock Connect (Shanghai) Active Trading Stocks Hong Kong Stock Connect (Shenzhen) Active Trading Stocks Beishui Capital Raises Domestic Bank Stocks
Changes in Hong Kong stocks | Bank of China (03988) rose more than 4%, leading the bank's dividend spread under pressure, no change in management resilience, market style still favors dividend strategy
Domestic bank stocks showed strong performance. As of press release, Bank of China (03988) rose 4.05% to HK$3.6; Bank of Communications (03328) rose 3.53% to HK$5.58; China Merchants Bank (03968) rose 2.92% to HK$35.2; and CCB (00939) rose 2.01% to HK$5.07.
Trending Stocks Today: SUNAC Surges 29.2%
April 29th - Hong Kong stocks trending now:Gainers: $SUNAC(01918.HK)$ soars 29.2% to HK$1.46 with a turnover of HK$1.57 billion. $CHINA VANKE(02202.HK)$ surges 20.19% to HK$5 with a turnover of HK$996
Beishui Trends | Beishui Transactions made a net purchase of 1,174 billion yuan, added domestic capital to the Bank of China (03988) and sold the Yingfu Fund (02,800) for nearly 900 million yuan
On April 26, in the Hong Kong stock market, Beishui had a net purchase of HK$1,174 million, of which Hong Kong Stock Connect (Shanghai) had a net purchase of HK$108 million and Hong Kong Stock Connect (Shenzhen) had a net purchase of HK$1,065 million.
Illustration丨Southbound Capital increased Bank of China positions for 7 consecutive days and reduced positions with Meituan for 4 consecutive days
Southwest Capital made net purchases of HK$1,174 billion in Hong Kong stocks today, including net purchases of Bank of China at $888 million, Kuaishou at $500 million, and HKEx at $116 million; net sales of Meituan at $760 million, HSBC Holdings at $344 million, and CNOOC at $167 million. According to statistics, Southbound Capital has increased its holdings with the Bank of China for 7 consecutive days, totaling HK$5,235.13 billion; and on the Hong Kong Stock Exchange for 4 consecutive days, totaling HK$1,6514.6 billion. Southbound Capital has reduced HSBC Holdings positions for 5 consecutive days, totaling HK$2,2613.8 billion; for 4 consecutive days, Meituan's positions have been reduced to a total of HK$3,578.68 billion.
2023年年度報告
Beishui Trends | Beishui Trading made a net purchase of 1.88 billion domestic bank stocks, and the Hong Kong Stock Exchange (00388) continues to be sought after by domestic investors
On April 25, in the Hong Kong stock market, Beishui made a net purchase of HK$1.88 billion, of which the Hong Kong Stock Connect (Shanghai) transaction made a net purchase of HK$1.705 billion and the Hong Kong Stock Connect (Shenzhen) transaction made a net purchase of HK$175 million.
Trends in Beishui | After a net purchase of 1,995 billion Hong Kong Stock Exchange (00388) results, Beishui Trading received 700 million yuan in foreign exchange control (00005) and continued to be sold off
On April 24, in the Hong Kong stock market, Beishui made a net purchase of HK$1,995 million, of which the Hong Kong Stock Connect (Shanghai) transaction made a net purchase of HK$1,597 million, and the Hong Kong Stock Connect (Shenzhen) transaction made a net purchase of HK$398 million.
North and South Water | Nanshui is buying resource stocks and liquor stocks, and Beishui continues to buy China Mobile Tencent and Bank of China
The net sale of A-shares was $2,997 billion, and the net purchase of Hong Kong shares was HK$2.34 billion by Northbound Capital.
Illustration丨Southbound capital increases positions with Bank of China, Hong Kong Stock Exchange, and Tencent
Southwest Capital made net purchases of HK$2.34 billion, including net purchases of Bank of China at $696 million, Hong Kong Stock Exchange at $392 million, Tencent 377 million, Kuaishou at $366 million, and China Shenhua at $128 million; net sales of HSBC Holdings at $562 million, Meituan at $338 million, Yankuang Energy at $191 million, and CNOOC at $108 million. According to statistics, Southbound Capital has increased China Mobile's holdings for 14 consecutive days, totaling HK$4,9146.3 billion; added Xiaomi for 8 consecutive days, totaling HK$1,5724.5 billion; increased Tencent's holdings for 7 consecutive days, totaling HK$4,8120.9 billion; and 4 consecutive days
North and South Water | Nearly 900 million foreign capital sweeps Maotai, Beishui furiously increases its holdings with Tencent and Bank of China
Northside Capital made a net purchase of 1,389 million yuan of A-shares, and today Nanxia Capital made a net purchase of HK$2,901 billion in Hong Kong shares.
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