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BCMXY BANK OF COMMUNICAT
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About BANK OF COMMUNICAT Company
Bank of Communications Co., Ltd. engages in the provision of banking and financial services. It operates through the following segments: Northern China, North Eastern China, Eastern China, Central and Southern China, Western China, Head Office, and Overseas. The Northern China segment includes the following provinces: Beijing, Tianjin, Hebei, Shanxi, and Inner Mongolia. The North Eastern China segment consists of the following provinces: Liaoning, Jilin, and Heilongjian. The Eastern China segment comprises of following provinces: Shanghai, Jiangsu, Zhejiang, Anhui, Fujian, Jiangxi, and Shandong. The Central and Southern China segment includes the following provinces: Henan, Hunan, Hubei, Guangdong, Guangxi, and Hainan. The Western China segment comprises of the following provinces: Chongqing, Sichuan, Guizhou, Yunnan, Tibet, Shanxi, Gansu, Qinghai, Ningxia, and Xinjiang. The Overseas segment includes the following branches: Hong Kong, New York, Singapore, Seoul, Tokyo, Frankfurt, Macau, Ho Chi Minh City, San Francisco, Sydney, United Kingdom, Toronto, Luxembourg, Brisbane, Taipei, Paris, Rome, and Brazil. The company was founded in 1908 and is headquartered in Shanghai, China.
News
Changes in Hong Kong stocks | Domestic bank stocks collectively fell in early trading, Da Mo said net interest spreads continued to narrow, lowering the target price of domestic banks by an average of 12%
Domestic banking stocks fell collectively in early trading. As of press release, Bank of Qingdao (03866) fell 4.63% to HK$2.06; Minsheng Bank (01988) fell 4.1% to HK$2.57; Bank of Communications (03328) fell 3.8% to HK$4.56; ICBC (01398) fell 3.71% to HK$3.63; and China Construction Bank (00939) fell 2.94% to HK$4.29.
In September, 15 banks were intensively investigated! Interest rate cuts on stock mortgages and asset quality have received attention, and institutions are optimistic about sector allocation value
With the continuous optimization of real estate policies and the continuous advancement of CIT-related bonds, it is expected that hidden asset quality of listed banks will gradually be eliminated, and bank valuations are expected to enter an upward channel.
Chinese Banks' Net External Financial Assets Hit $125.5 Billion in Q2
The total external financial assets of Chinese banks reached $1.5 trillion by the end of June, with external liabilities totaling $1.38 trillion, resulting in net external assets of $125.5 billion, a