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HK Stock MarketDetailed Quotes
03328 BANKCOMM
- 6.800
- +0.030+0.44%
Market Closed Mar 11 16:08 CST
504.99BMarket Cap4.93P/E (TTM)
6.840High6.690Low40.91MVolume6.770Open6.770Pre Close277.82MTurnover0.12%Turnover Ratio4.93P/E (Static)74.26BShares6.86052wk High0.48P/B238.08BFloat Cap4.41252wk Low0.61Dividend TTM35.01BShs Float7.207Historical High0.411Dividend LFY2.22%Amplitude-2.574Historical Low6.790Avg Price1000Lot Size8.94%Div YieldTTM6.04%Div Yield LFY
BANKCOMM News
Bank Of Communications (03328.HK) will hold a Board of Directors meeting on March 21 to approve the annual performance.
Gelonghui reported on March 11 that Bank Of Communications (03328.HK) announced that its Board of Directors will hold a board meeting on March 21, 2025, to (including) (i) review and approve the annual performance of the bank and its subsidiaries for the fiscal year ending December 31, 2024; and (ii) consider the payment of a final dividend (if any).
BANKCOMM: NOTICE OF BOARD MEETING
Special contributor Guo Jiayao: The market atmosphere remains prosperous, but after a significant accumulation of gains, consolidation at a high position is taking place.
Jinwu Financial News | The US stock market experienced significant fluctuations last Friday, as the latest non-Agriculture job data from the USA fell short of expectations. After a weak opening, the market significantly declined at first, then fluctuated and rebounded, with all three major indices closing with gains. The dollar weakened, the yield on the ten-year US Treasury note rose to 4.3%, gold prices showed weakness, and oil prices improved from their lows. The Hong Kong stock market's pre-market securities were generally soft, and a low opening is expected. The mainland stock market fell last Friday, with the Shanghai Composite Index opening low and continuing to decline, closing down 0.2%, while trading volume in the Shanghai and Shenzhen markets slightly decreased. The Hong Kong stock market fluctuated downward last Friday, initially rising after a low opening, before turning weaker again and closing with a modest decline.
China Jianyin Investment expects that the pure profit of domestic banks increased by 2% last year, Bullish on CM BANK and China CITIC Bank Corporation.
Jianyin International has released a Research Report stating that the mainland government is committed to controlling tail risks and activating market sentiment. The bank holds a positive view on the stock prices of China Mainland Banking for the fiscal year 2025, believing that stable Operation performance will support the dividend yield of H-shares of China Mainland Banking to reach 6.1%. It indicates that Ping An Bank (000001.SZ) will kick off the announcement of its fiscal year 2024 results on March 14. The bank expects Agricultural Bank Of China (01288) to be the fastest-growing stock within its research scope, with a year-on-year increase of 4%. It is anticipated that the net profit of China Mainland Banking will rise by 2% year-on-year, while estimated pre-provision operating profit (PPOP) and revenue will both decline by 1% year-on-year.
[Brokerage Focus] Jianyin International is optimistic about the stock price of Bank Of China for the fiscal year 2025.
Jinwu Financial News | Jianyin International expresses an optimistic view on the stock price of Bank Of China for the fiscal year 2025, mainly due to the government's commitment to controlling tail risks and the high market sentiment. The bank believes that solid operating performance will support a 6.1% dividend yield for Listed in Hong Kong banks in the fiscal year 2024. According to the bank's profit model, it is expected that the overall net income of the Chinese banking industry it covers will increase by 2% year-on-year in the fiscal year 2024 (with a year-on-year growth of 2% in the fiscal year 2023). Among the banks covered by the bank, Agricultural Bank Of China (ABC) has the fastest growth, increasing by 4% year-on-year. Operating profit for the fiscal year 2024.
Jianyin International: Capital adequacy ratio improves, the valuation of Banks is expected to improve, raising the Target Price for domestic Banks (table).
The bank believes that bank stocks have underperformed compared to the Index, but valuations are expected to improve.
March 6 Insurance Daily | For five consecutive years included in the government work report, the national implementation of long-term care insurance is "ready to go"! Insurance companies are intensively issuing perpetual bonds.
For five consecutive years, long-term care insurance has been included in the government work report, and its nationwide implementation is "in the works." On March 5th, the 2025 government work report once again mentioned "accelerating the establishment of a long-term care insurance system." According to Statistics, this is also the fifth year since 2021 that long-term care insurance has been included in the government work report of the State Council. Reviewing the government work reports from recent years, the tasks related to long-term care insurance have evolved from "steadily promoting long-term care insurance system pilot programs" in 2023 to "advancing the establishment of a long-term care insurance system" in 2024, and then to "accelerating the establishment of a long-term care insurance system" in 2025.
Chinese financial stocks rose across the board as the government work report proposed timely cuts in reserve requirement ratios and interest rates.
Jinwu Financial News | Chinese financial stocks are rising across the board, with significant gains in China Mainland Banking stocks. Bank Of Communications (03328) rose by 2.87%, Bank Of China (03988) rose by 2.49%, MINSHENG BANK (01988) rose by 2.42%, CEB BANK (06818) rose by 1.94%, Industrial And Commercial Bank Of China (01398) rose by 2.01%, Postal Savings Bank Of China (01658) rose by 1.60%. In terms of Mainland Insurance Companies, China Pacific Insurance (02601) rose by 2.88%, China Life Insurance (02628) rose by 2.28%, ZA ONLINE (06060) rose by 2.17%, China Pacific Insurance.
Al Seer Marine Expands Fleet With Two New Tankers
The central bank conducted standing lending facility operations for Financial Institutions in February totaling 1.901 billion yuan.
On March 3, the People's Bank of China disclosed that to meet the temporary liquidity needs of Financial Institutions, in February 2025, the People's Bank conducted a total of 1.901 billion yuan in standing lending facility operations for Financial Institutions.
Bank Of Communications (03328): Zhu Bin and Fan Zhao Rong replace Meng Yu and Zhang Wei Zhong as authorized representatives.
The Bank Of Communications (03328) announced that Mr. Zhu Bin (the Vice President of the Hong Kong branch) and Mr. Fan Zhaorong (the...
CITIC SEC: Market style stabilizes, Banks stocks are expected to continue a steady upward trend.
Overall, the policies since the fourth quarter have a direct effect on stabilizing financial risks. During the Two Sessions, the likelihood of those policies significantly exceeding expectations is low, but the 'uncertain' policies are moving towards 'certainty'. Therefore, bank stocks are expected to continue a steady upward trend.
【Special Invited Expert】Guo Jiayao: The market is paying attention to the implementation of tariff measures, and the market situation is showing fluctuations.
Jinwu Finance | US stocks showed a positive trend last Friday, with the latest inflation data from the USA slowing down, leading to increased market optimism about the possibility of interest rate cuts, which was bullish for the overall market performance. All three major indexes recorded gains at the close. The dollar performed well, and the yield on the USA ten-year treasury fell to 4.2%. Gold and oil prices were relatively weak. Hong Kong stocks' pre-market securities showed little change, and the overall market is expected to lack direction in the early part of the trading day. The mainland stock market clearly declined last Friday, with the Shanghai Composite Index opening lower and continuing to fall, closing down 2%. The trading volume in the Shanghai and Shenzhen markets also slightly reduced. After several days of gains, Hong Kong stocks experienced a pullback, with market concerns over the impact of tariff measures on corporate earnings, causing the Index to fall below the 23,000 point mark, with th
China Mulls Injecting at Least 400 Billion Yuan Into Major Banks, Bloomberg Reports, Citing Sources
China's Central Bank Conducts 300 Billion Yuan Medium-term Lending Facility Operation
The central bank carried out a one-year MLF operation of 300 billion yuan with interest rates remaining unchanged.
The People's Bank conducted a 300 billion yuan medium-term lending facility (MLF) operation, with a term of 1 year and a winning interest rate of 2.00%.
Will the tight funding conditions continue? This week, over one trillion interbank certificates of deposit will mature, and the pressure on the Banks' liability side will still require time to alleviate.
① If the funding situation does not loosen, the interbank certificate of deposit interest rates will continue to rise. ② The current relief from pressure on the asset side may take time, and the alleviation of banks' liability pressure may require the liquidity environment to loosen first. ③ Non-bank Institutions and rural commercial banks are the Block Orders for Shareholding, while Funds and Brokerages are the main ones reducing their holdings.
CITIC SEC: It is expected that the performance of Banks and other high certainty Sectors will likely take over, with optimistic absolute return potential.
In terms of individual stock combinations, two main lines are recommended: 1) Stable returns from dividend contributions, select individual stocks with stable performance growth, stable dividend rates, stable asset quality, and low valuation fluctuations; 2) Companies with excellent business models, where valuation premiums are expected to return to normal Range: Select individual stocks with high ROE and strong certainty, where current valuation premiums are still at low levels.
In February, the LPR Quote was released: the interest rates for both 5-year and 1-year terms remain unchanged.
The loan market quote rate (LPR) for February has been released: the LPR for more than 5 years is 3.6%, the same as last month at 3.6%. The 1-year LPR is 3.1%, unchanged from last month at 3.1%.
Hong Kong Banking Sector Rallies to Support Struggling SMEs