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    1658   CNE1000029W3

POSTAL SAVINGS BANK OF CHINA CO., LTD.

(1658)
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Delayed Hong Kong Stock Exchange  -  04:08 2022-06-24 am EDT
5.910 HKD   -0.34%
06/09Shanghai Banks Extend Business Hours After Two-Month Lockdown
MT
06/07Postal Savings Bank of China Co., Ltd. Proposes Final Ordinary Dividend for the Year Ending 31 December 2021, Payable on 10 August 2022
CI
05/30Postal Savings Bank of China Co., Ltd. Announces Resignation of Wu Yu as External Supervisor, the Chairman and a Member of the Finance and Internal Control Risk Supervision Committee of Board of Supervisors
CI
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Hong Kong stocks down as tech shares slide ahead of Fed rate decision

05/04/2022 | 01:05am EDT

May 4 (Reuters) - Hong Kong stocks fell on Wednesday with technology shares leading the slide as investors awaited the U.S. Federal Reserve's interest-rate decision.

** The Hang Seng Index fell 1.33% to 20,820.32 in the morning session. The Hang Seng China Enterprises Index dropped 1.95% to 7,125.85.

** Mainland Chinese markets are closed for a holiday. Trading will resume on Thursday.

** HSBC Hong Kong shares rose as much as 3.1% after it said it will commence a share repurchase of up to $1 billion and has entered into agreements with Merrill Lynch International to handle the buyback beginning on May 4.

** Shares of China's Meituan fell 5.9% and JD Health International plunged 11.6% as their shareholders cut long positions.

** The three biggest H-shares percentage decliners were JD Health, Innovent Biologics Inc, down 7.49%, and Meituan.

** The top gainers among H-shares were Postal Savings Bank of China Co Ltd, up 2.4%, followed by ENN Energy Holdings Ltd, which rose 1.22% and China Resources Land Ltd , up 1.09%. ** The sub-index of the Hang Seng index tracking energy shares dipped 0.4%, the IT sector fell 3.6%, and the Hang Seng Tech Index dropped 3.1%.

** The top gainer on the Hang Seng Index was Wharf Real Estate Investment, up 2.02%, while the biggest loser was Meituan. (Reporting by Donny Kwok; Editing by Vinay Dwivedi)


© Reuters 2022
Stocks mentioned in the article
ChangeLast1st jan.
AUSTRALIAN DOLLAR / US DOLLAR (AUD/USD) -0.12% 0.6939 Delayed Quote.-4.93%
BRITISH POUND / US DOLLAR (GBP/USD) 0.04% 1.2272 Delayed Quote.-9.39%
CANADIAN DOLLAR / US DOLLAR (CAD/USD) -0.01% 0.775 Delayed Quote.-2.67%
CHINA RESOURCES LAND LIMITED 0.85% 35.4 Delayed Quote.7.93%
ENN ENERGY HOLDINGS LIMITED 6.82% 125.3 Delayed Quote.-14.65%
EURO / US DOLLAR (EUR/USD) -0.01% 1.0553 Delayed Quote.-7.48%
HANG SENG CHINA ENTERPRISES 2.22% 7629.06 Delayed Quote.-7.37%
HONG KONG HANG SENG 2.09% 21719.06 Delayed Quote.-7.17%
INDIAN RUPEE / US DOLLAR (INR/USD) -0.15% 0.012783 Delayed Quote.-4.67%
INNOVENT BIOLOGICS, INC. 11.92% 36.15 Delayed Quote.-25.08%
JD HEALTH INTERNATIONAL INC. 5.40% 59.55 Delayed Quote.-3.09%
MEITUAN INC. 2.86% 198.1 Delayed Quote.-12.11%
NEW ZEALAND DOLLAR / US DOLLAR (NZD/USD) -0.02% 0.6311 Delayed Quote.-8.10%
POSTAL SAVINGS BANK OF CHINA CO., LTD. -0.34% 5.91 Delayed Quote.8.04%
WHARF REAL ESTATE INVESTMENT COMPANY LIMITED 1.87% 35.35 Delayed Quote.-10.73%
All news about POSTAL SAVINGS BANK OF CHINA CO., LTD.
06/09Shanghai Banks Extend Business Hours After Two-Month Lockdown
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06/07Postal Savings Bank of China Co., Ltd. Proposes Final Ordinary Dividend for the Year En..
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05/30Postal Savings Bank of China Co., Ltd. Announces Resignation of Wu Yu as External Super..
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05/24Yanzhou Coal Raises $450 Million via Renminbi Bond Offering; Shares Gain 3%
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05/24Datang Renewable Raises $150 Million via Renminbi Bond Offering
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05/04Hong Kong stocks down as tech shares slide ahead of Fed rate decision
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05/03Nomura Adjusts Postal Savings Bank of China's Price Target to HK$7.81 From HK$7.8, Keep..
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05/02Ant Group Exits Investment in PSBC Amid Crackdown
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04/29Postal Savings Bank of China Co., Ltd. Reports Earnings Results for the First Quarter E..
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04/25POSTAL SAVINGS BANK OF CHINA : Announcement on resignation of the chairman and non-executi..
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Financials
Sales 2022 349 B 52 195 M 52 195 M
Net income 2022 88 476 M 13 227 M 13 227 M
Net Debt 2022 - - -
P/E ratio 2022 5,64x
Yield 2022 5,56%
Capitalization 474 B 70 789 M 70 789 M
Capi. / Sales 2022 1,36x
Capi. / Sales 2023 1,23x
Nbr of Employees 178 252
Free-Float 11,0%
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Technical analysis trends POSTAL SAVINGS BANK OF CHINA CO., LTD.
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TrendsNeutralNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 20
Last Close Price 5,04 CNY
Average target price 6,56 CNY
Spread / Average Target 30,2%
EPS Revisions
Managers and Directors
Xue Wen Zhang Executive Director & Vice President
Jian Jun Liu Chairman & President
Yue Jun Chen Chairman-Supervisory Board
Xin Zhuang Niu Chief Information Officer
Ting Mei Fu Independent Non-Executive Director