Key Developments: Bank of China Ltd (3988.HK)

3988.HK on Hong Kong Stock

3.67HKD
20 Aug 2014
Price Change (% chg)

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Latest Key Developments (Source: Significant Developments)

Bank of China Ltd updates on appointment of head of bank
Friday, 14 Feb 2014 07:00pm EST 

Bank of China Ltd:Appointed Chen Siqing head of bank of the company, effective Feb. 13.  Full Article

Bank of China Ltd appoints head of bank
Tuesday, 28 Jan 2014 07:00pm EST 

Bank of China Ltd:Appoints Chen Siqing as Head of the Bank and Vice Chairman of the Board.Says the appointment will be effective when approved by China Banking Regulatory Commission.  Full Article

Bank of China Ltd announces retirement of vice chairman of board, executive director and president
Tuesday, 28 Jan 2014 06:30am EST 

Bank of China Ltd:Says that due to age reason, Li Lihui has tendered his resignation from his positions as vice chairman of the board of directors, executive director, member of the strategic development committee of the board and president of the bank.Says the resignation shall become effective as of Jan. 28.  Full Article

Bank of China Ltd announces conversion result of convertible bonds
Friday, 3 Jan 2014 07:00pm EST 

Bank of China Ltd:Says 613,233,000 yuan of its corporate bonds have been converted into 217,389,706 A shares (0.080057 pct of the company's total shares) as of Dec. 31, 2013.Says 609,320,000 yuan worth of bonds were converted into 216,070,499 shares during Oct. 1, 2013 to Dec. 31, 2013.Says after that, the number of the company's total shares increased to 279,364,552,437 from 279,148,481,938.  Full Article

Bank of China Ltd Announces Conversion Result of Convertible Bonds
Tuesday, 8 Oct 2013 08:00pm EDT 

Bank of China Ltd announced that RMB 3,913,000 of its corporate bonds have been converted into 1,319,207 A shares (0.000486% of the Company's total shares) as of September 30, 2013, among which RMB 2,708,000 worth of bonds were converted into 960,272 shares during July 1, 2013 to September 30, 2013. After that, the number of the Company's total shares increased to 279,148,481,938 from 279,147,521,666.  Full Article

Tianjin Good Hand Railway Holding Co Ltd Announces Update of Lawsuit Filed by Bank of China Ltd
Tuesday, 20 Aug 2013 08:00pm EDT 

Tianjin Good Hand Railway Holding Co Ltd announced that the Company will file for appeal of a previous judgment made by Shenzhen Intermediate People's Court, regarding the lawsuit filed by Haimen Branch of Bank of China, against the Company. Shenzhen Intermediate People's Court deemed the mortgage of notes legal and requested the Company to pay RMB 40 million and litigation fee of RMB 241,800 and factoring fee of RMB 5,000.  Full Article

Bank of China Ltd Announces Conversion Result of Convertible Bonds
Tuesday, 2 Jul 2013 08:00pm EDT 

Bank of China Ltd announced that RMB 1,205,000 of its corporate bonds have been converted into 358,935 A shares (0.000132%of the Company's total shares) as of June 30, 2013, among which RMB 513,000 worth of bonds were converted into 171,80 shares during April 1, 2013 to June 30, 2013. After that, the number of the Company's total shares increased to 279,147,521,666 from 279,147,349,863.  Full Article

Dalian Insulator Group Co Ltd Signs Strategic Cooperation Agreement with Liaoning Branch of Bank of China
Monday, 24 Jun 2013 08:00pm EDT 

Dalian Insulator Group Co Ltd announced that it has signed a strategic cooperation agreement with Liaoning Branch of Bank of China, on June 21, 2013. Dalian Insulator Group will treat Liaoning Branch of Bank of China as long-term business partner. Liaoning Branch of Bank of China will take the Company as one of the main customers and provide financial service for the Company. Liaoning Branch of Bank of China will provide credit lines of RMB 1 billion to the Company in three years, including credit lines of up to RMB 600 million in the first stage of the strategic cooperation. The Company's subsidiaries will also treat Liaoning Branch of Bank of China as first business partner for financial affairs. This strategic cooperation agreement will be valid for two years. If both of the companies have no objection, the agreement will expand for two more years.  Full Article

Bank of China Ltd Amends Conversion Price of Convertible Bonds
Wednesday, 5 Jun 2013 08:00pm EDT 

Bank of China Ltd announced that it has amended the conversion price of its convertible bonds from RMB 2.99 per share to RMB 2.82 per share, effective June 18, 2013, due to the Company's dividend payment of RMB 0.175 per share (pre-tax) for fiscal year 2012 on June 18, 2013.  Full Article

Bank of China Ltd Announces FY 2012 A Share Dividend Payment Date
Wednesday, 5 Jun 2013 08:00pm EDT 

Bank of China Ltd announced that it will pay a cash dividend of RMB 0.175 per share (pre-tax) for fiscal year 2012, to holders of A shares that recorded on June 17, 2013. The Company's shares will be traded ex-dividend on June 18, 2013 and the dividend will be paid on July 12, 2013.  Full Article

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Bank of China sees rising bad loans as profit growth slows

HONG KONG/SHANGHAI - Bank of China Ltd (BoC) reported slowing profit growth and said it could see more loans go bad in the second half of the year as export-focused regions suffer.

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