China Construction Bank Corporation (0939.HK)
| Previous Close | 5.900 |
| Open | 5.880 |
| Bid | 5.870 x 0 |
| Ask | 5.880 x 0 |
| Day's Range | 5.860 - 5.950 |
| 52 Week Range | 4.010 - 5.950 |
| Volume | |
| Avg. Volume | 398,141,283 |
| Market Cap | 1.486T |
| Beta (5Y Monthly) | 0.41 |
| PE Ratio (TTM) | 4.08 |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | 0.43 (7.34%) |
| Ex-Dividend Date | Jul 04, 2024 |
| 1y Target Est | N/A |
- Reuters
Porch sues China Construction Bank in US over reinsurance fraud losses
Porch and its units accused the Chinese lender of conspiring with employees of the now bankrupt Israeli insurance firm Vesttoo to issue dozens of fake reinsurance letters of credit that guaranteed insurance companies access to reinsurance funds, according to a complaint filed to the U.S. Southern District Court of New York on Thursday. Porch and its unit, the Homeowners of America Insurance Co, paid tens of millions of dollars in premiums for this non-existent reinsurance until it emerged in July 2023 that certain letters of credit backstopping Vesttoo's reinsurance transactions were fake, the company said.
- Simply Wall St.
Exploring Dividend Stocks In Hong Kong Including Three Noteworthy Picks
The Hong Kong market has recently been experiencing some turbulence, with the Hang Seng Index ending nearly flat last week due to concerns about a slowing recovery. Amid these uncertain times, dividend stocks can provide a steady income stream for investors. Given the current market conditions, it is crucial to consider stocks with strong fundamentals and consistent dividend payouts. This can offer a degree of stability and potential for long-term growth in an otherwise volatile environment.
- South China Morning Post
China Construction Bank sees more policy support from Beijing, despite pressure on state-owned lenders to boost profit
China Construction Bank (CCB) expects Beijing to introduce more policy support to bolster the economy, even as the nation's major state-owned lenders continue to face pressure to boost profits amid the prospect of benchmark rates decreasing further. "China's economy is showing signs of recovery, but there is room for more policy support, and big banks need to continue to support the real economy," CCB chief financial officer Sheng Liurong said on Tuesday during the bank's latest financial result
