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SHA:601988

24 stories mentioning SHA:601988Updated 7d ago

Every FINWIRES story that references SHA:601988, newest first.

Asia

Bank of China's Q1 Profit Rises 4%, Net Interest Income Up 8%

Bank of China (SHA:601988, HKG:3988) recorded a 4.2% year-over-year increase in attributable profit in the first quarter of 2026 to 56.6 billion yuan from 54.4 billion yuan.Earnings per share was flat at 0.18 yuan, according to a Shanghai Stock Exchange filing on Thursday.Net interest income jumped 7.8% to 116.1 billion yuan from 107.7 billion yuan a year prior.Operating income climbed 8.4% to 178.8 billion yuan.By the end of March, the bank's ratio of non-performing loans shrank to 1.22% from 1.23% at the start of the year. It held a total of 287 billion yuan in non-performing loans.China's fourth-largest bank by assets saw its total assets expand 3.2% in Q1 to 39.6 trillion yuan from 38.4 trillion yuan at the end of 2025.

HKG:3988SHA:601988
Asia

Bank of China Sells 50 Billion Yuan Bonds

Bank of China (SHA:601988, HKG:3988) completed the issue of 50 billion yuan bonds in the domestic interbank bond market on Tuesday, according to a same-day Hong Kong bourse filing.The bonds carry a coupon rate of 1.97% and will fall due in 10 years. The lender will have a redemption right at the end of the fifth year.The bank will use proceeds to replenish its tier 2 capital.

HKG:3988SHA:601988
Asia

Jiangsu Expressway Issues 700 Million Yuan in Ultra-Short-Term Commercial Paper

Jiangsu Expressway (HKG:0177, SHA:600377) issued ultra-short-term commercial paper worth 700 million yuan, according to a Shanghai bourse filing on Thursday.The bonds have an interest rate of 1.42% and a term of 269 days, maturing Jan. 9, 2027.Bank of China (SHA:601988, HKG:3988) is the lead underwriter of the issuance.

HKG:0177HKG:3988SHA:600377SHA:601988
Asia

Huadian Energy Issues 600 Million Yuan in Super Short-Term Bonds; Shares Down 6%

Huadian Energy (SHA:600726, SHA:900937) issued super short-term bonds amounting to 600 million yuan, the company's first tranche for the year, according to a Shanghai bourse filing on Wednesday.The bonds have a coupon rate of 1.53% and a term of 269 days.Bank of China (SHA:601988, HKG:3988) and China Merchants Bank (SHA:600036, HKG:3968) were the joint underwriters of the issuance.The proceeds will be used to pay the company's debt.The Chinese energy company's A shares slumped 6%, while B shares fell less than 2% during the midday trade.

HKG:3968HKG:3988SHA:600036SHA:600726SHA:601988SHA:900937

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