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Bank of Communications Co Ltd (3328.HK)

3328.HK on Hong Kong Stock

5.90HKD
24 May 2017
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Latest Key Developments (Source: Significant Developments)

Capital Estate completes subscription for shares in IPO of BOCOM International
Thursday, 18 May 2017 12:05am EDT 

May 18 (Reuters) - Capital Estate Ltd <0193.HK>:Announces completion of subscription for shares in IPO of BOCOM International Holdings Co.Company has been allocated with 26.1 million allocated shares at final offer price of HK$2.68.Total subscription price paid by co in respect of allocated shares is approximately HK$70.7 million.  Full Article

Bank of Communications says final offer price of BOCOM International Shares to be issued under global offering is hk$2.68 per Offer Share
Friday, 12 May 2017 06:11am EDT 

May 12 (Reuters) - Bank Of Communications Co Ltd <601328.SS>-:Final offer price in respect of BOCOM International shares to be issued under global offering is hk$2.68.International underwriting agreement relating to international offering was entered into by BOCOM International & underwriters of international offering.BOCOM International is expected to be listed on main board of Hong Kong Stock Exchange on friday, 19 May 2017.BOCOM International granted to international underwriters over-allotment option.Pursuant to over-allotment option BOCOM International may be required to issue up to aggregate of 100 million BOCOM international offer shares.Market capital of BOCOM international following completion of global offering will be approximately hk$7,146.7 million.  Full Article

Bank of Communications says Q1 net profit RMB19.32 bln vs RMB19.07 bln
Friday, 28 Apr 2017 05:05am EDT 

April 28 (Reuters) - Bank Of Communications Co Ltd <601328.SS>:Qtrly net profit attributable to shareholders RMB 19,323 million versus RMB 19,066 million.As at March 31, tier 1 capital adequacy ratio was 12.03 percent.Qtrly net interest income RMB 31,217 million versus RMB 34,028 million.  Full Article

Bank Of Communications issued tier-2 capital bonds worth 30 bln yuan
Sunday, 16 Apr 2017 10:33pm EDT 

April 17 (Reuters) - Bank Of Communications Co Ltd <601328.SS> ::* Says it completed issuance of 2017 tier-2 capital bonds worth 30 billion yuan .  Full Article

Bank of Communications posts FY net profit of RMB 67.21 billion
Tuesday, 28 Mar 2017 04:35am EDT 

Bank Of Communications Co Ltd <601328.SS> : FY net interest income RMB 134,871 million versus RMB 144,172 million a year ago . FY net profit RMB 67,210 million versus RMB 66,528 million a year ago . As at Dec 31, capital adequacy ratio was 14.02 percent versus 13.49 percent a year ago . "Commercial banks will face with huge pressures and great challenges in operations and management" . Group's increase in total assets is expected to be not lower than 5% in 2017 .FY net interest spread and net interest margin decreased by 31 and 34 basis points on a year-on-year basis to 1.75% and 1.88% respectively.  Full Article

Bank of Communications' chief risk officer Yang Dongping resigns
Friday, 24 Feb 2017 03:32am EST 

Bank of Communications Co Ltd <601328.SS><3328.HK> :Says chief risk officer Yang Dongping resigns.  Full Article

Bank of Communications updates on spin-off and separate listing of Bocom Int'l
Monday, 20 Feb 2017 04:39am EST 

Bank Of Communications Co Ltd <3328.HK> : Proposed spin-off and listing was approved by shareholders of bank at EGM held on 28 october 2016 . Confirms China Securities Regulatory Commission has no objection to proposed spin-off and separate listing of Bocom International .Confirmed that it has no objection to proposed spin-off and separate listing of Bocom International Holdings Company Limited.  Full Article

Bank of Communications updates on spin-off of BOCOM International Holdings
Monday, 16 Jan 2017 05:09am EST 

Bank Of Communications Co Ltd <601328.SS>: Made application to Stock Exchange for approval of proposed spin-off and separate listing of BOCOM International Holdings ."Stock Exchange has confirmed that Bank may proceed with proposed spin-off and listing".  Full Article

Bank of Communications announces position adjustment of senior management
Wednesday, 11 Jan 2017 04:49am EST 

Bank of Communications : Announcement position adjustment of senior management . Hou Weidong submitted written report to board, indicating that he will cease to hold concurrent post as chief information officer of bank .Hou will continue to serve as executive director and vice president of bank.  Full Article

Bank of Communications received approval from CBRC on issue of tier-2 capital bonds
Thursday, 8 Dec 2016 05:04am EST 

Bank Of Communications Co Ltd <601328.SS>: received approval from china banking regulatory commission on bank of communications' issue of tier-2 capital bonds .Issue of tier-2 capital bonds with an aggregate amount up to rmb30 billion.  Full Article

More From Around the Web

Fitch Affirms Bank of Communications, Taipei Branch at 'AA+(twn)'

(The following statement was released by the rating agency) TAIPEI, May 23 (Fitch) Fitch Ratings has affirmed Bank of Communications, Taipei Branch's (BOCOM Taipei) ratings at 'AA+(twn)' and 'F1+(twn)'. The Outlook is Stable. At the same time, its senior unsecured debt rating is affirmed at 'AA+(twn)'. The rating action follows the rating affirmation on its head office Bank of Communications Co., Ltd. (BOCOM, A/Stable/F1). See <a href="https://www.fitchratings.com/site/pr/1024065">Fitch Af