Market Movers

Bank of China’s Stock Price Dips to 3.89 HKD: A -1.02% Downward Shift Signals Market Uncertainty

By January 22, 2025 No Comments

Bank of China (3988)

3.89 HKD -0.04 (-1.02%) Volume: 105.28M

Bank of China’s stock price currently stands at 3.89 HKD, marking a decrease of -1.02% this trading session, with a significant trading volume of 105.28M. Despite a year-to-date percentage change of -1.76%, the Bank of China (3988) continues to hold a strong position in the market.


Latest developments on Bank of China

Bank of China Ltd (H) stock price movements today are influenced by key events within the company, including China Bohai Bank conducting a 2025 EGM to address director changes. This update includes the Bank updating its board of directors and committee roles, signifying a potential shift in leadership and strategic direction. Investors are closely monitoring these developments as they may impact the Bank’s future performance and market position.


A look at Bank of China Smart Scores

FactorScoreMagnitude
Value4
Dividend5
Growth4
Resilience3
Momentum5
OVERALL SMART SCORE4.2

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

Based on the Smartkarma Smart Scores, Bank Of China Ltd (H) seems to have a positive long-term outlook. With a high score in Dividend and Momentum, the company appears to be performing well in terms of providing returns to its shareholders and maintaining strong market momentum. Additionally, the Value and Growth scores suggest that the company is undervalued and has potential for future expansion. However, the slightly lower score in Resilience indicates that there may be some risks to consider in terms of the company’s ability to withstand economic challenges.

Overall, Bank Of China Ltd (H) seems to be a solid investment option for those looking for a company with strong dividend payouts and growth potential. With a diverse range of financial services offered to customers worldwide, including retail banking, credit card services, and investment banking, the company has a solid foundation for continued success in the future.


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