Listed on both the HKEX and SSE in 2006, Bank of China Limited (BOC) is China’s most globalised and integrated banking group with a presence in 56 nations. 23 of which are situated along China’s Belt and Road Initiatives. Presently, BOC has moved up 1 spot and now ranks third in the list of Top 1000 World Banks by the Banker. As at 10 March 2019, it has a market capitalisation of HK$ 1.06 trillion.
In this article, I’ll cover its fundamentals, latest financial results and evaluate its stock based on its current price of HK$ 3.61 a share. Thus, here are 10 things to know about BOC before you invest.
Loan PortfolioBOC has achieved CAGR of 14.3% in its loan & advances assets, growing from RMB 3.2 trillion in 2008 to RMB 10.6 trillion in 2017. Starting from 2010, BOC has kept its non-performing loan...
