Bank of China Limited

 SHA:601988 ISIN:CNE1000003G1

May 26, 2012

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Bank of China Limited Company Summary

Bank of China is one of China's largest state-owned commercial banks with over 10,000 branch offices locally. It is also the most globalized among commercial banks in China, with 600 branch offices spanning 29 countries and regions across the world.
 

COMPANY DATA

 
Company Principal Sector Finance 
Company Principal Industry Banks & Insurance 
Company Homepage www.boc.cn
 

Key Developments: Bank of China Limited
 Australian Market Report of June 22, 2010
JUNE 22, 2010 09:30 - Article Views: 4,450
The Australia share market Monday closed firmer on hope of a gradual appreciation of the Chinese yuan. At the close, the benchmark S&P/ASX200 index rose 60.7 points, or 1.33 per cent, to 4612.6 points and the broader All Ordinaries index added 58.6 points, or 1.28 per cent, to 4632.7 points. The market was also inspired by the news that Australian federal government struck a A$11 billion deal with Telstra over the planned national broadband network.
 Gindalbie (ASX:GBG) Signed US$1.2B Loan Agreement with Chinese Banking Syndicate
JUNE 21, 2010 12:39 - Article Views: 3,328
Gindalbie Metals Limited (ASX:GBG) said today its joint venture between China's Ansteel has secured a US1.2 billion loan facility from the banking syndicate led by China Development Bank and Bank of China (SHA:601988) (HKG:3988) for the US$2 billion Karara iron ore project, which is currently under construction in Western Australia.
 Asian Markets Overview of March 24, 2010: BG (LON:BG) and CNOOC to Sign LNG Deal Up to A$80 Billion
MAR 24, 2010 13:30 - Article Views: 5,198
Wall Street's rallies overnight provided a positive lead to Asian markets on Wednesday. Dow and S&P 500 Tuesday surged to 18-month highs led by blue-chip industrial stocks. Nasdaq was also buoyed by signs of improved semiconductor market. Asian markets closed mixed on Tuesday. Energy shares in the region rose after the price of crude oil rebounded above US$81 a barrel on the New York Mercantile Exchange. Japan's Nikkei 225 fell nearly 0.5 per cent due to stronger yen against euro. China's Shanghai Composite lost 0.7 per cent. But South Korea's Kospi gained 0.6 per cent. Hong Kong's Hang Seng Index advanced 0.3 per cent.
 Asian Markets Overview of March 5, 2010
MAR 5, 2010 13:30 - Article Views: 4,974
Friday Asian stocks received a positive lead from Wall Street. US stocks overnight posted a slim gain, supported by better-than-expected retail sales data and analyst upgrades of a batch of blue-chip companies. Yesterday most Asian markets closed lower on renewed worries about China's policy tightening. Hong Kong's Hang Seng Index slid 1.4 per cent, while Shanghai Composite lost 2.4 per cent, with China's banking and property shares dropping sharply. Singapore market was also impacted by China's property bubble concerns, and Straits Times slid 0.5 per cent. Japan's Nikkei 225 was off 1.1 per cent as strong yen hurt exporters.
 Asian Markets Overview of February 24
FEB 24, 2010 13:00 - Article Views: 3,678
Yesterday Asian markets ended mixed. Japan's Nikkei index was 0.5 per cent lower due to profit-taking after the previous day's sharp gains. China's Shanghai Composite lost 0.9 per cent led by financials on concerns over banks' fundraising plans. Hong Kong shares, however, was pushed higher by property sector stocks.
 Asian Markets Overview of February 3
FEB 3, 2010 13:30 - Article Views: 4,926
Asian shares were lifted on Tuesday after strong U.S. manufacturing data. Japan's Nikkei index ended 1.63 percent higher, after Toyota's plans to fix millions of vehicles equipped with faulty accelerators in North America and Europe. Australian shares climbed as metals prices rose, but Australian dollar was pulled down by RBA's unexpected decision to keep interest rate unchanged.
 Asian Markets Overview of January 28
JAN 28, 2010 13:30 - Article Views: 4,567
Wall Street stocks posted gains on Wednesday. The market pared early losses in late trade as Federal Reserve kept its stimulative monetary policy unchanged and said it would hold interest rate at "exceptionally low" level for an extended period to support the economic recovery.
 Asian Markets Overview of November 24
NOV 24, 2009 15:46 - Article Views: 6,104
Asian markets mostly opened higher this morning, but reversed early gains after profit taking selling. Tokyo market fell in a choppy trade despite a positive support from Wall Street. This is largely due to a stronger yen and worries over some corporate financing plans. Korean market was down as foreign investors continued to offload Seoul stocks.
 Alibaba Group (HKG:1688) Forms Strategic Alliance with Bank of China (HKG:3988) on Online Payment
JULY 23, 2009 17:19 - Article Views: 3,656
Alibaba Group (HKG:1688) and Bank of China Holdings Limited (HKG:3988)(Bank of China) today formed a long-term strategic alliance to collaborate on several e-commerce initiatives including online payment, international business cooperation, small business financing and joint marketing.
 China Minsheng Bank (SHA:600016) to Launch Credit Card with China Eastern Airlines (HKG:0670)
JUNE 8, 2009 11:06 - Article Views: 6,107
China Minsheng Banking Corp., Ltd (SHA:600016)(CMBC) has launched the JCB branded "CMBC - CEA Credit Card" in cooperation with China Eastern Airlines Corporation Limited (HKG:0670).

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