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    3988   CNE1000001Z5

BANK OF CHINA LIMITED

(3988)
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Delayed Hong Kong Stock Exchange  -  03:08 2022-12-02 am EST
2.700 HKD   -1.10%
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China to relax lower limit of first home loan interest rate in some cities - central bank

09/29/2022 | 10:03am EST
Unfinished apartments in Guilin

BEIJING (Reuters) - Chinese local governments can relax the interest rate limit for commercial housing loans for first home buyers in some cities in phases, the central bank said on Thursday.

Localities would be allowed to decide on whether to maintain, lower or scrap the floor on mortgage rates for first home buyers by the end of 2022, the People's Bank of China (PBOC) said in a statement on its website.

(Reporting by Ella Cao and Twinnie Siu; Editing by Alex Richardson)


ę Reuters 2022
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Analyst Recommendations on BANK OF CHINA LIMITED
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Financials
Sales 2022 630 B 89 703 M 89 703 M
Net income 2022 222 B 31 606 M 31 606 M
Net Debt 2022 - - -
P/E ratio 2022 3,36x
Yield 2022 9,46%
Capitalization 857 B 122 B 122 B
Capi. / Sales 2022 1,36x
Capi. / Sales 2023 1,28x
Nbr of Employees 306 322
Free-Float 35,3%
Chart BANK OF CHINA LIMITED
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Bank of China Limited Technical Analysis Chart | MarketScreener
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Technical analysis trends BANK OF CHINA LIMITED
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Income Statement Evolution
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Mean consensus BUY
Number of Analysts 21
Last Close Price 2,43 CNY
Average target price 3,16 CNY
Spread / Average Target 29,7%
EPS Revisions
Managers and Directors
Jin Liu Vice Chairman & President
Lian Ge Liu Chairman
Ke Qiu Zhang Chairman-Supervisory Board
Qian Meng General Manager-Software Center
Guo Hua Jiang Independent Non-Executive Director
Sector and Competitors