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BOC Hong Kong (Holdings) Limited (HK:2388)
HKEX:2388
Holding HK:2388?
Track your performance easily
2388 Stock Chart & Stats
Day’s RangeHK$0 - HK$0
52-Week RangeHK$17.86 - HK$26.10
Previous CloseHK$23.85
Volume16.58M
Average Volume (3M)9.15M
Market Cap
HK$252.16B
Enterprise ValueN/A
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)7.0
Beta0.48
Next Earnings
Oct 29, 2024EPS EstimateN/A
Last Dividend Ex-Date
Sep 12, 2024Dividend Yield6.97%
Share Statistics
EPS (TTM)3.38
Shares OutstandingN/A
10 Day Avg. Volume11,581,383
30 Day Avg. Volume9,152,214
Standard Deviation0.07
R-Squared0.33
Alpha0.00834
Financial Highlights & Ratios
Price to Book (P/B)0.00
Price to Sales (P/S)3.68
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
HK$27.36Price Target Upside14.70% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
BOC Hong Kong (Holdings) News
PremiumCompany Announcements
BOC Hong Kong Announces EGM for Auditor AppointmentPremiumCompany Announcements
BOC Hong Kong Proposes EY as New Auditor
PremiumCompany Announcements
BOC Hong Kong Announces Interim Dividend
PremiumCompany Announcements
BOC Hong Kong Announces Improved 2024 Interim Results
PremiumCompany Announcements
BOC Hong Kong Announces Executive Resignation
PremiumCompany Announcements
BOC Hong Kong Announces Board Structure
PremiumCompany Announcements
BOC Hong Kong Announces Upcoming Board Meeting
PremiumCompany Announcements
BOC Hong Kong Announces Corporate Secretariat ChangeBulls Say, Bears Say
Bulls Say
EarningsBoCHK reported an impressive operating profit of HK$12.9bn, which is 8% higher than analyst expectations.
Earnings GrowthBoCHK is confident in delivering positive earnings growth for the fiscal year, thanks to enhanced clarity on net interest income.
Net Fee IncomeNet fee income showed strong growth, outperforming analyst expectations by 11%, driven by better momentum in various sectors like loans and insurance.
Bears Say
Brokerage DependenceBanks relying heavily on traditional brokerage may find it difficult to counteract weak equity market activity.
High Rate EnvironmentA prolonged high rate environment could increase pressure on Hong Kong commercial real estate holdings.
Net Interest MarginNet interest margin decreased, reflecting challenges in maintaining profitability.
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Options Prices
Currently, No data available
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Ownership Overview
0.00%
Insiders
2.37% Mutual Funds
2.96% Other Institutional Investors
94.68% Public Companies and
Individual Investors
2388 FAQ
What was BOC Hong Kong (Holdings) Limited’s price range in the past 12 months?
BOC Hong Kong (Holdings) Limited lowest stock price was HK$17.86 and its highest was HK$26.10 in the past 12 months.
What is BOC Hong Kong (Holdings) Limited’s market cap?
Currently, no data Available
When is BOC Hong Kong (Holdings) Limited’s upcoming earnings report date?
BOC Hong Kong (Holdings) Limited’s upcoming earnings report date is Oct 29, 2024 which is in 40 days.
How were BOC Hong Kong (Holdings) Limited’s earnings last quarter?
BOC Hong Kong (Holdings) Limited released its earnings results on Aug 29, 2024. The company reported HK$1.895 earnings per share for the quarter, beating the consensus estimate of HK$1.83 by HK$0.065.
Is BOC Hong Kong (Holdings) Limited overvalued?
According to Wall Street analysts BOC Hong Kong (Holdings) Limited’s price is currently Undervalued.
Does BOC Hong Kong (Holdings) Limited pay dividends?
BOC Hong Kong (Holdings) Limited pays a Annually dividend of HK$0.57 which represents an annual dividend yield of 6.97%. See more information on BOC Hong Kong (Holdings) Limited dividends here
What is BOC Hong Kong (Holdings) Limited’s EPS estimate?
BOC Hong Kong (Holdings) Limited’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does BOC Hong Kong (Holdings) Limited have?
BOC Hong Kong (Holdings) Limited has 10,572,780,000 shares outstanding.
What happened to BOC Hong Kong (Holdings) Limited’s price movement after its last earnings report?
BOC Hong Kong (Holdings) Limited reported an EPS of HK$1.895 in its last earnings report, beating expectations of HK$1.83. Following the earnings report the stock price went up 0.641%.
Which hedge fund is a major shareholder of BOC Hong Kong (Holdings) Limited?
Currently, no hedge funds are holding shares in HK:2388
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BOC Hong Kong (Holdings) Stock Smart Score
Unlock Smart Score
1
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10
Technicals
SMA
Positive
20 days / 200 days
Momentum
17.04%
12-Months-Change
Fundamentals
Return on Equity
11.28%
Trailing 12-Months
Asset Growth
6.42%
Trailing 12-Months
Company Description
BOC Hong Kong (Holdings) Limited
BOC Hong Kong (Holdings) Ltd. is an investment holding company, which engages in the provision of banking and related financial services. It operates through the following segments: Personal Banking, Corporate Banking, Treasury, Insurance, and Others. The Personal Banking and Corporate Banking segments provide offers general banking services, including various deposit products, overdrafts, loans, credit cards, trade related products and other credit facilities, investment and insurance products, and foreign currency and derivative products. The Treasury segment manages the funding and liquidity, and the interest rate and foreign exchange positions of the group in addition to proprietary trades. The Insurance segment focuses on long-term life insurance products, including traditional and investment-linked individual life insurance and group life insurance products. The Others segment relates to the firm's holdings of premises, investment properties, equity investments and interests inassociates and joint ventures. The company was founded on September 12, 2001 and is headquartered in Hong Kong.
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2388 Stock 12 Month Forecast
Average Price Target
HK$27.36
▲(14.70% Upside)
Technical Analysis
Industrial & Commercial Bank of China
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Bank of China
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BNP Paribas
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UBS Group AG
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BOC Hong Kong (Holdings)
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Best Analysts Covering 2388
1 Year
1 Year Success Rate
4/4 ratings generated profit
1 Year Average Return
+11.75%
reiterated a buy rating 5 months ago
Copying Sam Wong's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +11.75% per trade.
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