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Bank of China Announces 2024 Annual Results, Strengthens Global Positioning

Story Highlights
  • Bank of China announced its audited 2024 results, adhering to Hong Kong Listing Rules.
  • The bank focuses on technology, green, and digital finance to enhance global capabilities.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Bank of China Announces 2024 Annual Results, Strengthens Global Positioning

Bank of China ( (HK:3988) ) has issued an update.

Bank of China announced its audited results for the year ending December 31, 2024, complying with Hong Kong Listing Rules. The bank continues to strengthen its global positioning by focusing on technology finance, green finance, and digital finance, among other areas, to enhance its global layout capabilities and serve the real economy. This strategic focus is expected to bolster its competitive advantages and contribute to building a strong financial powerhouse.

More about Bank of China

Bank of China, established in 1912, is the longest continuously operating bank among Chinese banks. It has evolved from serving as the country’s central and international exchange bank to a large commercial bank offering a wide range of financial services in both local and foreign currencies. The bank has a significant global presence with institutions across the Chinese mainland and in 64 countries and regions. It focuses on corporate banking, personal banking, financial markets, and other commercial banking services, including investment banking, securities, insurance, and asset management.

YTD Price Performance: 15.83%

Average Trading Volume: 46,310

Technical Sentiment Signal: Sell

Current Market Cap: $208.7B

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