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Bank of China Ltd H (3988)

Frankfurt
Currency in EUR
Disclaimer
0.4461
+0.0011(+0.25%)
Closed

3988 Comments

BOC HK (3988) is expected to move towards HK$4.50 before heading higher. Current P/E, dividend & P/B are about 6.0, 6.5%pa & 0.50 respectively (vs US & Singapore banks of about 14, 3.5%pa & 1.20 respectively), BOC HK price can be at least 50% higher. Same applies to other Chinese major banks like China Construction Bank, ICBC, etc.
BOC can easily go up to HK$3.60 if it is not for the lack of confidence in how CCP handled the property debts crisis and also its high debts incurred by LGFV. CCP should be looking at imposing 1) more control on commercial & residual property developments, 2) taxing buyers & sellers (especially speculators) of residential properties in & outside of China via stamp duty, progressive property tax, etc. With 9+%pa dividend, good profit, low PE & PB, etc.; BOC should do well.
*M Stanley Assumes BANK OF CHINA Shr Hike in 60 Days, Rated Overweight.
UBS Downgrades BANK OF CHINA to Neutral with TP Cut to $2.7
JPM Lifts BANK OF CHINA TP to $3.9; Rated Overweigh
Good 2021 Interim Report result, Net profit up 11.8%!!!
Just bought 40,000 for long terms
Hi
JPM Cuts BANK OF CHINA TP to $3.6; Rated ***Overweight***
BOC 3988 share price is undervalued. With good dividend of 7.75%pa and strong net profit, target share price should be HK$3.65
It won’t go up much. Good for dividend collecting
Definitely a buy!
I'd like to buy these shares but traded on Frankfurt exchange. However, average daily volume is approx. 5K EUR with some days no trade at all on Frankfurt exchange. Is this viable for single trades of ~50K EUR? What happens with dividend if you bought it through Frankfurt exchange.
That's a small volume and risky for a single trade of 50k EUR. Think it's safer to buy directly on HKEX - has a high volume and easy to sell when needed. Dividends should be directly credited to your broker's account. Under the China's Corporate Tax Regulations, all non-resident with entitlement rights on H shares are subject to 10% Chinese withholding tax. So, you will receive 90% of the declared dividend minus broker's handling fee - nevertheless it's still a solid dividend.
I'd like to buy these shares but traded on Frankfurt exchange. However, average daily volume is approx. 5K EUR with some days no trade at all on Frankfurt exchange. Is this viable for single trades of ~50K EUR? What happens with dividend if you bought it through Frankfurt exchange.
will bounce back for sure bank of china & ICBC very good dividends payers records track history
I just got 50,000 units of Bank of China shares. Amazing valuation now. Huge discount to load the shares. As china rural areas are reducing at a 6-8% per year. I have a few colleagues from China who were using this bank and was regarded as the safest bank in China.
china usa tussle causing all this ...Chinese Hongkong equities are in red
average 300m volume yet not climbing china hk usa tussle
why its struggling so much to go above 3
phenomenal chinese companiesAltaff Hadi Omar Bhikhba
BOC like other Chinese banks are looking very attractive in terms of financials with low PE of below 5 with yield of above 5%pa. Good solid names with good upside.
im also looking for chats to discuss about HK stocks
Count me in
Follow moneydoggos. I reply in DMs as to what I read but also create network of people looking to expand their approach. Currently keeping an eye on Asian stocks but global markets not limited to single region.
Are there chat groups that talk about Hong Kong stocks?
im also looking for chats to discuss about HK stocks
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