Market Movers

Bank of China’s Stock Price Soars to 3.84 HKD, Reporting a Positive Change of +1.05%

Bank of China (3988)

3.84 HKD +0.04 (+1.05%) Volume: 269.96M

Bank of China’s stock price sees a steady rise, currently at 3.84 HKD, marking a positive trading session with a +1.05% change. The robust trading volume stands at 269.96M, reflecting investor confidence. The impressive year-to-date percentage change of +28.52% confirms the strong stock performance of Bank of China (3988).


Latest developments on Bank of China

Bank of China Ltd (H) stock price movements today are being influenced by a variety of factors, including the upcoming ex-dividend date on July 9th. This news comes as Goldman Sachs constructs a CN shareholder returns portfolio, which includes Bank of China alongside other major Chinese banks like ICBC and CM Bank. Investors are closely watching these developments, as they may impact the overall performance of Bank of China Ltd (H) in the short term.


A look at Bank of China Smart Scores

FactorScoreMagnitude
Value4
Dividend5
Growth4
Resilience2
Momentum5
OVERALL SMART SCORE4.0

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Bank Of China Ltd (H) has received high scores in Dividend and Momentum, indicating a positive long-term outlook for the company. With a strong focus on providing financial services to customers globally, the bank’s commitment to delivering dividends to shareholders and maintaining a strong momentum in the market bodes well for its future growth. While the Resilience score is lower, the high scores in Value and Growth suggest that the bank is well-positioned to weather any challenges and continue to thrive in the long run.

As a leading provider of banking and financial services, Bank Of China Ltd (H) offers a wide range of services to both individual and corporate clients. With a solid score in Value and Growth, the company is poised for continued success in the industry. Additionally, the high scores in Dividend and Momentum reflect the bank’s strong performance and potential for future growth. Despite a lower score in Resilience, the overall outlook for Bank Of China Ltd (H) remains positive, making it a promising investment option for investors looking for stability and growth.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

πŸ’‘ Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars