Previous close | 5.340 |
Open | 5.340 |
Bid | 5.330 x 0 |
Ask | 5.340 x 0 |
Day's range | 5.280 - 5.350 |
52-week range | 4.230 - 5.650 |
Volume | |
Avg. volume | 21,066,605 |
Market cap | 479.552B |
Beta (5Y monthly) | 0.38 |
PE ratio (TTM) | 4.30 |
EPS (TTM) | 1.240 |
Earnings date | N/A |
Forward dividend & yield | 0.41 (7.63%) |
Ex-dividend date | 02 Jul 2024 |
1y target est | 5.72 |
Five of China's largest lenders have posted shrinking net interest margins (NIM), while warning of ongoing property sector risks. Amid a slowing economy, China's lenders are under pressure to reduce interest rates on the loans they make to bolster flagging sectors as demand for lending falls. On Thursday, China Construction Bank Corp (CCB), Bank of China (BoC) and Agricultural Bank of China (AgBank) all reported sliding margins - a key gauge of profitability - in their annual results.
HSBC was stung by China’s economic slowdown after a “messy” quarter including a $3bn (£2.4bn) writedown sent its share price tumbling by 8pc in one of the worst falls in the bank’s history.
Aldi is to create 5,500 new jobs this year as the supermarket chain continues its expansion across the UK as shoppers switch to cheaper retailers.