|Bid||2.840 x 0|
|Ask||2.850 x 0|
|Day's range||2.760 - 2.870|
|52-week range||2.330 - 3.190|
|Beta (5Y monthly)||0.62|
|PE ratio (TTM)||4.17|
|Forward dividend & yield||0.21 (7.37%)|
|Ex-dividend date||07 Jul 2020|
|1y target est||4.49|
Bank of China Ltd. has sued BP Plc in Singapore over its alleged role in fabricating oil deals with collapsed trader Hin Leong.
Chinese state lenders are revamping contingency plans in anticipation of U.S. legislation that could penalise banks for serving officials who implement the new national security law for Hong Kong, sources at five state financial institutions said. In worst-case scenarios under consideration by the Bank of China and Industrial and Commercial Bank of China (ICBC), the lenders are looking at the possibility of being cut off from U.S. dollars or losing access to U.S. dollar settlements, two sources said.
HSBC Holdings PLC has alleged that Singapore-based Zenrock Commodities Trading Pte Ltd engaged in a series of "highly dishonest transactions" which included using the same oil cargo to obtain loans from at least two different lenders, according to a court document seen by Reuters. HSBC filed a court application on Monday to place Zenrock Commodities under judicial management, where a court appoints an independent manager to run the affairs of a financially distressed company in the place of existing management. The case will be heard in Singapore's High Court on Friday, according to the Supreme Court's website.