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Bank of China Ltd (3988.HK)

3988.HK on Hong Kong Stock

3.87HKD
2:31am EDT
Change (% chg)

HK$-0.03 (-0.77%)
Prev Close
HK$3.90
Open
HK$3.86
Day's High
HK$3.91
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HK$3.86
Volume
254,084,669
Avg. Vol
335,830,886
52-wk High
HK$4.96
52-wk Low
HK$3.57

Latest Key Developments (Source: Significant Developments)

Bank Of China's Executive Director, Deputy Head Of The Bank Ren Deqi Resigns Due To Change In Job Role
Tuesday, 12 Jun 2018 07:20am EDT 

June 12 (Reuters) - Bank Of China Ltd <601988.SS><3988.HK>::SAYS EXECUTIVE DIRECTOR, DEPUTY HEAD OF THE BANK REN DEQI RESIGNS DUE TO CHANGE IN JOB ROLE.  Full Article

Bank Of China Applies To Stock Exchange Of Hong Kong To List Notes
Thursday, 7 Jun 2018 04:40am EDT 

June 7 (Reuters) - BANK OF CHINA <601988.SS>::APPLIED TO STOCK EXCHANGE OF HONG KONG TO LIST HK$3 BILLION NOTES DUE 2020 BY WAY OF DEBT ISSUES UNDER $40 BILLION MEDIUM TERM NOTE PROGRAMME.  Full Article

Bank Of China Reports Q1 Financial Results
Friday, 27 Apr 2018 05:59am EDT 

April 27 (Reuters) - Bank Of China Ltd <601988.SS><3988.HK>::SAYS Q1 NET INTEREST MARGIN AT 1.85 PERCENT VERSUS 1.84 PERCENT AT END-DECEMBER.SAYS Q1 NPL RATIO AT 1.43 PERCENT VERSUS 1.45 PERCENT AT END-DECEMBER.SAYS Q1 NET PROFIT 49.00 BILLION YUAN ($7.73 billion).SAYS Q1 COMMON EQUITY TIER 1 CAPITAL ADEQUACY RATIO AT 10.94 PERCENT VERSUS 11.15 PERCENT AT END-DECEMBER.  Full Article

Bank Of China Says Board Approves Issuance Of Write-Down Undated Capital Bonds
Friday, 27 Apr 2018 05:53am EDT 

April 27 (Reuters) - Bank Of China Ltd <601988.SS>::BOARD RESOLVED TO APPROVE THE ISSUANCE OF THE QUALIFIED WRITE-DOWN TIER-2 CAPITAL INSTRUMENT NOT MORE THAN RMB 80 BILLION.BOARD APPROVED ISSUANCE OF WRITE-DOWN UNDATED CAPITAL BONDS IN TOTAL ISSUANCE AMOUNT OF NOT MORE THAN RMB40 BILLION.  Full Article

Bank Of China to pay cash dividend of 0.176 yuan per share (before tax) for 2017
Monday, 2 Apr 2018 12:20am EDT 

April 2(Reuters) - Bank Of China Ltd <601988.SS>:Says it plans to pay cash dividend of 0.176 yuan per share (before tax) to shareholders for 2017.  Full Article

Bank Of China Says Lin Jingzhen Has Begun To Serve As Executive Vice President
Thursday, 29 Mar 2018 07:45am EDT 

March 29 (Reuters) - BANK OF CHINA LTD <601988.SS>::LIN JINGZHEN HAS BEGUN TO SERVE AS EXECUTIVE VICE PRESIDENT OF BANK FROM MARCH 28, 2018.  Full Article

Bank of China to pay 2nd tranche domestic preferred stock div on March 13
Monday, 5 Mar 2018 04:45am EST 

March 5 (Reuters) - Bank of China Ltd <601988.SS> ::* Says it will pay 2nd tranche domestic preferred stock cash dividend of 5.50 yuan(before tax)/share to shareholders of record on March 12 .* The company's shares will be traded ex-dividend on March 12 and the dividend will be paid on March 13 .  Full Article

Bank Of China's Executive Director, Deputy Head Of The Bank Resigns
Wednesday, 24 Jan 2018 03:30am EST 

Jan 24 (Reuters) - Bank Of China Ltd <601988.SS><3988.HK>::SAYS EXECUTIVE DIRECTOR, DEPUTY HEAD OF THE BANK GAO YINGXIN RESIGNS DUE TO CHANGE IN JOB ROLE.  Full Article

BOC Hong Kong enters agreement with Bank of China
Monday, 6 Nov 2017 03:32am EST 

Nov 6 (Reuters) - BOC Hong Kong Holdings Ltd <2388.HK>::‍Entered agreement with Bank of China regarding transfer of Vietnam and Philippines business ​.Consideration for proposed transfer of Philippines business is 4.4026 billion​ pesos.‍Consideration for proposed transfer of Vietnam business is USD152 million​.  Full Article

Bank of China updates on ‍potential restructuring in ASEAN region​
Monday, 6 Nov 2017 03:30am EST 

Nov 6 (Reuters) - Bank of China Ltd <3988.HK>-:Potential restructuring in asean region​.As transferor entered agreement regarding transfer of banking businesses operated by bank in Vietnam.As transferor, enters agreement for banking businesses operated by bank in Philippines through Bank Of China, Manila Branch​.  Full Article

Bank of China plans to go 'local' in Mexico

MEXICO CITY, May 17 China's fourth-largest bank by assets is pushing into the Mexican market, aiming to meet the needs of large Chinese companies increasingly eager to expand into Mexico, a senior executive said on Thursday.