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Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness.
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Chen FAQ
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Currently, China has four types of banks: Specialized banks are majority-owned by the state. These are the Industrial & Commercial Bank of China (ICBC), the China Construction Bank (CCB), the Bank of China (BoC), the Bank of Communications (BoCom), and the Agricultural Bank of China (ABC).
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Restructured into a wholly state-owned commercial bank in 1994, the Bank provides various financial services, and has developed into a large commercial bank delivering services in local and foreign currencies and featuring complete business varieties and strong strength.
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410 MADISON AVENUE NEW YORK, NY 10017, U.S.A. 42 EAST BROADWAY,NEW YORK, NY 10002, U.S.A. 444 SOUTH FLOWER STREET, 39th FLOOR, LOS ANGELES, CA 90071, U.S.A.
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410 MADISON AVENUE NEW YORK, NY 10017, U.S.A. 42 EAST BROADWAY,NEW YORK, NY 10002, U.S.A. 444 SOUTH FLOWER STREET, 39th FLOOR, LOS ANGELES, CA 90071, U.S.A.
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Restructured into a wholly state-owned commercial bank in 1994, the Bank provides various financial services, and has developed into a large commercial bank delivering services in local and foreign currencies and featuring complete business varieties and strong strength.
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The Bank of China is legally separate from its subsidiary the Bank of China (Hong Kong), although they maintain close relations in management and administration and co-operate in several areas including reselling BOC's insurance and securities services.
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China Banking Corporation (China Bank) is a leading private universal bank in the Philippines with over 100 years of banking experience and history.
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Price-To-Earnings vs Fair Ratio: 3988 is good value based on its Price-To-Earnings Ratio (3.9x) compared to the estimated Fair Price-To-Earnings Ratio (5.5x).
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