Bank of China Hong Kong (Holdings) Ltd (BOCHK) is a 66.1%-owned subsidiary of Bank of China Ltd which is listed on the Hong Kong Exchange. Presently, Bank of China Hong Kong is a leading commercial banking group in Hong Kong that provides a wide range of financial solutions to retail, commercial, and institutional customers. As of 4 August 2019, it is valued at HK$ 307.7 billion in market capitalisation.
In this article, I’ll cover on its latest financial results and valuation figures. Thus, here are 10 things to know about BOCHK before you invest:
Interest Bearing AssetsBOCHK has achieved a CAGR of 9.7% for its total interest-bearing assets for the past 10 years. It has increased from HK$ 1.06 billion in 2009 to a total of HK$ 2.43 billion in 2018. This is attributable to consistent rise in key assets such as loans & advances, debt securities investments and as...
