Edition:
United States

Bank of China Ltd (3988.HK)

3988.HK on Hong Kong Stock

3.52HKD
5 Dec 2016
Change (% chg)

HK$-0.02 (-0.56%)
Prev Close
HK$3.54
Open
HK$3.51
Day's High
HK$3.53
Day's Low
HK$3.47
Volume
279,116,746
Avg. Vol
283,911,143
52-wk High
HK$3.77
52-wk Low
HK$2.83

Latest Key Developments (Source: Significant Developments)

BOC Hong Kong Holdings clarifies on press articles regarding potential acquisitions of certain banking businesses by Co<2388.HK><3988.HK><601988.SS>
Monday, 6 Jun 2016 10:36am EDT 

BOC Hong Kong Holdings Ltd <2388.HK>: The company is reviewing the business strategies for the banking operations of the company in such asean countries" . No binding agreement with respect to any acquisition or corporate restructuring transaction has been entered into" . Notes there are recent press articles regarding potential acquisitions of certain banking businesses by the company . Says has commenced discussion with Bank of China in respect of the potential restructuring .  Full Article

Bank of China's deputy head resigns, to list $20 bln medium-term notes in Hong Kong
Monday, 6 Jun 2016 08:12am EDT 

Bank Of China Ltd <601988.SS> <3988.HK> : Says Deputy Head of the bank Zhu Hexin resigns due to change in job role .Says to list $20 billion medium-term notes in Hong Kong stock exchange on June 7.  Full Article

Bank of China says Zhu Hexin resigned as Executive Vice President<3988.HK><601988.SS>
Monday, 6 Jun 2016 07:50am EDT 

Bank of China Ltd <601988.SS>: Boc 2014 pref-announcement-resignation of executive director and executive vice president of the bank <3988.HK> . Zhu hexin resigned as executive director of the bank . Zhu hexin also resigned as executive vice president of the bank . Says "resignation shall become effective as of 1 June 2016" .  Full Article

Moody's affirms Bank of China(HK)'s ratings; outlook negative
Thursday, 2 Jun 2016 04:11am EDT 

Moody's on Bank Of China : Affirms Bank of China ratings; outlook negative .The outlook on the bank's long-term deposit and senior unsecured ratings remains negative.  Full Article

Boc Hong Kong Holdings updates on transitional services agreement with Nanyang Commercial Bank<2388.HK><3988.HK><601988.SS>
Friday, 27 May 2016 04:55am EDT 

BOC Hong Kong Holdings Ltd <2388.HK>: Bochk shall provide certain transitional support services to ncb and ncb China at service charges mutually agreed by the parties . Says bochk, ncb and cinda financial will enter into a transitional services agreement on the completion date .  Full Article

Bank of China updates on proposed spin-off of BOC Aviation Ltd<2588.HK><3988.HK><601988.SS>
Wednesday, 25 May 2016 04:24am EDT 

Bank of China Ltd <601988.SS>: Boc aviation is expected to be listed on the main board of the stock exchange on Wednesday, 1 June 2016 . Says deal at the offer price of hk$42.00 per boc aviation share . On 25 may, international underwriting agreement was entered into by, boc aviation, bank, sky splendor, joint global coordinators and underwriters .  Full Article

Bank of China updates on proposed spin-off of BOC Aviation Ltd<3988.HK><601988.SS>
Thursday, 12 May 2016 04:25am EDT 

Bank of China Ltd <601988.SS>: Proposed spin-off and separate listing of BOC Aviation Limited on the main board of the stock exchange of Hong Kong Limited, size of the global offering and offer price, revised post hearing information pack of BOC . If global offering proceeds, offer price of BOC Aviation shares in global offering will be hk$42.00 per BOC Aviation share .  Full Article

Fitch - Surging mortgages fuel credit risks for China banks
Sunday, 8 May 2016 11:51pm EDT 

Fitch On China Banks: Fitch - Surging mortgages fuel credit risks for china banks .Fitch - "Strong growth in new lending to China's residential mortgage sector brings additional credit risks".  Full Article

Bank of China says 2015 dividend payment as 0.175 yuan per share
Wednesday, 30 Mar 2016 08:00pm EDT 

Bank of China Ltd:To pay cash dividend of 1.75 yuan per 10 shares (before tax) to the company's shareholders for 2015.  Full Article

Bank of China announces 2015 second phase preferred stock dividend payment date
Friday, 4 Mar 2016 07:00pm EST 

Bank of China Ltd:Says it will pay preferred stock cash dividend of 5.5 yuan per share (before tax) to shareholders of record on March 11.The company's shares will be traded ex-dividend on March 11 and the dividend will be paid on March 14.  Full Article

Photo

Bank of China sharply limits forex sales to companies in Shanghai: sources

SHANGHAI Bank of China, one of the country's "Big Four" state banks, has begun to sharply limit corporate customers' ability to purchase foreign currency in Shanghai, in what sources said on Friday was a bid to help stem capital outflows and ease depreciation pressure on the yuan.