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China International Capital Corporation Limited (3908.HK)

HKSE - HKSE Delayed Price. Currency in HKD
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14.420-0.080 (-0.55%)
At close: 04:08PM HKT
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Previous close14.500
Bid14.400 x 0
Ask14.420 x 0
Day's range14.380 - 14.620
52-week range10.320 - 19.200
Avg. volume11,737,233
Market cap144.922B
Beta (5Y monthly)0.96
PE ratio (TTM)9.68
Earnings dateN/A
Forward dividend & yield0.20 (1.35%)
Ex-dividend date04 Jul 2023
1y target estN/A
  • Reuters

    Country Garden restructuring fears deepen China property concerns

    HONG KONG (Reuters) -Country Garden's shares hit a record low on Friday on fears that the Chinese property company is preparing for a debt restructuring, adding to concerns about the property sector outlook in the absence of stronger support from Beijing. The country's top private property developer, which had total liabilities of about $194 billion at the end of 2022, is expected to kick off a restructuring process soon, Chinese news outlet Yicai said, citing an unnamed financial source. Country Garden would be the latest to join a growing list of developers to kick-start a debt restructuring process - others including China Evergrande Group and Sunac China Holdings have already proposed such terms.

  • Reuters

    Exclusive-CICC Capital bans consulting firm Capvision after China crackdown-sources

    CICC Capital, a unit of leading Chinese investment bank CICC, has stopped using Capvision Partners' services, three sources said, following an investigation into the "expert network" as part of Beijing's crackdown on national security. Shanghai-based Capvision is the latest consultancy and due diligence firm to get caught in Beijing's sweeping crackdown on what state media describes as "intensifying" law enforcement push around sensitive corporate information.

  • Reuters

    Exclusive-Brokerage CICC slashes bonuses as Beijing dials up income disparity rhetoric -sources

    Dealmakers at China International Capital Corp (CICC) will see bonuses slashed by as much as 40%, three sources said, in one of the financial sector's biggest cuts in two years since a renewed government push to narrow income disparity. Some senior dealmakers at China's third-largest brokerage by market value will see an even steeper cut of two-thirds to their 2022 bonuses, said one of the people. Wages at leading Chinese investment banks have been trending downward in the last couple of years as COVID-19 containment measures slowed dealmaking activity in the world's second-largest economy.