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Bank of Communications Co Ltd (3328.HK)

3328.HK on Hong Kong Stock

22 Sep 2017
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Fri, Sep 8 2017

Moody's downgrades China's Bank of Communications on profit pressure

SHANGHAI, Sept 7 Moody's Investors Service downgraded China's fifth-largest listed state-owned lender Bank of Communications (BoCom) on Thursday, citing the impact of higher market funding cost on profitability.

BRIEF-Bank Of Communications updates on approval of qualifications of non-executive directors

* Obtained approval from China Banking Regulatory Commission in respect of qualifications of Song Guobin and He Zhaobin as non-executive directors Source text: [http://bit.ly/2gu4FMu] Further company coverage:

BRIEF-Bank of Communications to pay div for domestic preferred stock

* Says it plans to pay 3.9 yuan (tax-inclusive) per share as dividend for domestic preferred stock, on Sept. 7

BRIEF-Bank Of Communications proposes to distribute dividends for domestic preference shares

* Bank proposes to distribute dividends for domestic preference shares on 7 September 2017

China's BoCom H1 net profit rises 3.5 pct to 39 bln yuan

SHANGHAI, Aug 24 China's Bank of Communications Co Ltd , the country's fifth-largest listed bank by assets, on Thursday reported a slight rise in net profit for the first half of 2017, according to a filing with the Hong Kong stock exchange.

BRIEF-Bank of Communications posts HY net profit attributable of RMB38.98 bln

* HY net profit attributable RMB38,975 million versus RMB37,661 million

BRIEF-Bank of Communications' chairman takes medical leave, vice chairman to take over duties

* Says Chairman Niu Ximing is taking sick leave due to health reasons

BRIEF-Bank of communications' deputy head of the bank resigns due to change in job role

* Says Deputy Head of the Bank Wang Jiang resigns due to change in job role

Banks of Communications to invest $1 bln in new Hong Kong unit

HONG KONG, July 15 Bank of Communications said it plans to invest HK$7.9 billion ($1.01 billion) to set up a wholly-owned subsidiary in Hong Kong, which will focus on the retail and private banking business.

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