Edition:
United States

Bank of China Ltd (3988.HK)

3988.HK on Hong Kong Stock

3.54HKD
30 Sep 2016
Change (% chg)

HK$-0.07 (-1.94%)
Prev Close
HK$3.61
Open
HK$3.55
Day's High
HK$3.58
Day's Low
HK$3.52
Volume
273,518,174
Avg. Vol
313,947,959
52-wk High
HK$3.88
52-wk Low
HK$2.83

Latest Key Developments (Source: Significant Developments)

Bank of China says Jackson Tai resigned as independent non-executive director<3988.HK><601988.SS>
Thursday, 1 Sep 2016 04:45am EDT 

Bank of China Ltd <601988.SS>: Boc 2014 pref-...more announcement - resignation of independent non-executive director of the bank <3988.HK> . Received the resignation letter from Jackson Tai resigned as independent non-executive director . Says Jackson Tai's resignation shall become effective as of 1 September 2016 .  Full Article

Bank of China official expects asset quality to "face relatively big pressure"
Tuesday, 30 Aug 2016 05:50am EDT 

Bank of China's <601988.SS> Chief Risk Officer, Pan Yuehan, says: the bank expects asset quality to "face relatively big pressure" in foreseeable future (Reporting By Chen Yang and Matthew Miller) ((matthew.miller1@thomsonreuters.com;)).  Full Article

Bank of China reports H1 financial results
Tuesday, 30 Aug 2016 04:46am EDT 

Bank Of China Ltd <3988.HK><601988.SS> : Says H1 net profit 93.04 billion yuan ($13.93 billion) . Says H1 net interest margin at 1.90 percent versus 1.97 percent at end-March . Says NPL ratio at 1.47 percent versus 1.43 percent at end-March .Says H1 common equity tier 1 capital adequacy ratio at 11.05 percent versus 11.10 pct at end-December.  Full Article

Bank of China says Wang Changyun has been appointed as independent non-executive director of co<3988.HK><601988.SS>
Wednesday, 24 Aug 2016 07:46am EDT 

Bank of China Ltd <601988.SS>: Boc 2014 pref-...more announcement - change in independent non-executive directors of the bank <3988.HK> . Says Wang Changyun has been appointed as independent non-executive director . Says China Banking Regulatory Commission has approved qualification of Wang Changyun .  Full Article

Fitch assigns final 'A' ratings to Bank of China's green bonds
Tuesday, 12 Jul 2016 05:12am EDT 

:Fitch assigns final 'A' ratings to Bank Of China's green bonds.  Full Article

BOC Hong Kong enters into acquisition agreements with Bank of China<2388.HK><3988.HK><601988.SS>
Thursday, 30 Jun 2016 04:37am EDT 

BOC Hong Kong Holdings Ltd <2388.HK>: Bochk has entered into the acquisition agreements with Bank of China . Consideration for the proposed Thailand share acquisition is 14.90 bln baht million . Consideration for the proposed Malaysia share acquisition is 2.03 billion rgt . Agreements in relation to the acquisitions of BOC Thailand and of BOC Malaysia, respectively, as part of the restructuring exercise .  Full Article

Bank of China updates on potential restructuring in ASEAN region<3988.HK><601988.SS>
Thursday, 30 Jun 2016 04:23am EDT 

Bank of China Ltd <601988.SS>: Bank (as seller) and BOCHK (as buyer) entered into sale and purchase agreements . Deal in relation to sale and purchase of the entire issued share capital of Bank of China (Malaysia) Berhad . Says the proposed transfers will further expand the business reach of BOCHK (Holdings) and BOCHK into the asean region . Deals also in relation to sale and purchase of issued share capital of Bank of China (Thai) .  Full Article

Moody's - Deteriorating operating conditions weigh on Hong Kong's banking system
Wednesday, 29 Jun 2016 03:24am EDT 

Moody's: Deteriorating operating conditions weigh on Hong Kong's banking system . Outlook for the Hong Kong banking system over the next 12-18 months is negative. . Negative outlook for Hong Kong's banking system on expectation that large banks in territory to receive less support from government of Hong Kong .Territory is also set to see gradually rising borrowing costs.  Full Article

Surfilter Network Technology to pay 2015 div on June 22
Friday, 17 Jun 2016 02:30am EDT 

Surfilter Network Technology <300311.SZ>:Says it will pay 2015 div on June 22.  Full Article

Bank of China to pay 2015 div on June 24
Thursday, 16 Jun 2016 10:54pm EDT 

Bank of China <601988.SS>:Says it will pay 2015 div of 0.175 yuan/share (pre-tax) on June 24.  Full Article

BRIEF-Bank of China updates on resolutions of the board

* "pilot plan of investment and loan linkage mechanism of bank of china ( "plan") was approved"