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Postal Savings Bank of China Co Ltd (1658.HK)

1658.HK on Hong Kong Stock

4.32HKD
21 Jan 2019
Change (% chg)

HK$0.13 (+3.10%)
Prev Close
HK$4.19
Open
HK$4.20
Day's High
HK$4.33
Day's Low
HK$4.17
Volume
42,175,000
Avg. Vol
22,060,717
52-wk High
HK$5.64
52-wk Low
HK$4.11

Latest Key Developments (Source: Significant Developments)

Postal Savings Bank Of China Says Board Approved Establishment Of Asset And Wealth Management Subsidiary
Friday, 7 Dec 2018 

Dec 7 (Reuters) - Postal Savings Bank of China Co Ltd <1658.HK>::BOARD APPROVED ESTABLISHMENT OF ASSET AND WEALTH MANAGEMENT SUBSIDIARY.PROPOSED REGISTERED CAPITAL OF PSBC AWM IS NO MORE THAN RMB8 BILLION.PROPOSES TO INVEST NO MORE THAN RMB8 BILLION TO SET UP A UNIT, NAMELY PSBC ASSET AND WEALTH MANAGEMENT CORPORATION LTD.  Full Article

Postal Savings Bank Of China Says 9-Mth Net Profit Attributable To Shareholders Of Bank RMB46,710 Million
Tuesday, 30 Oct 2018 

Oct 30 (Reuters) - Postal Savings Bank of China Co Ltd <1658.HK>::9-MONTH OPERATING INCOME RMB196,523 MILLION, UP 21.80 PERCENT.9-MONTH NET PROFIT ATTRIBUTABLE TO SHAREHOLDERS OF BANK RMB46,710 MILLION VERSUS RMB40,469 MILLION.AS OF SEPTEMBER 30, 2018, BALANCE OF NON-PERFORMING LOANS OF GROUP WAS RMB36,569 MILLION.AS OF SEPTEMBER 30, 2018, CORE TIER-1 CAPITAL ADEQUACY RATIO WAS 9.70%.  Full Article

Postal Savings Bank Of China H1 Net Profit Attributable Rises To RMB 32.52 Bln
Tuesday, 28 Aug 2018 

Aug 28 (Reuters) - Postal Savings Bank of China Co Ltd <1658.HK>::H1 NET PROFIT ATTRIBUTABLE RMB 32,523 MILLION VERSUS RMB 26,600 MILLION A YEAR AGO.H1 NET INTEREST MARGIN 2.64 PERCENT VERSUS 2.31 PERCENT A YEAR AGO.H1 NET INTEREST INCOME RMB 111,662 MILLION VERSUS RMB 87,514 MILLION A YEAR AGO.NON-PERFORMING LOAN RATIO AS AT JUNE END IS 0.97 PERCENT.TIER 1 CAPITAL ADEQUACY RATIO 10.07 PERCENT AT JUNE END.  Full Article

Postal Savings Bank Of China Posts FY Net Profit Attributable Of RMB‍47.68​ Bln
Tuesday, 27 Mar 2018 

March 27 (Reuters) - Postal Savings Bank Of China Co Ltd <1658.HK>::RECOMMENDED DIVIDEND ON ORDINARY SHARES OF RMB1.471 PER 10 SHARES​ .FY NET PROFIT ATTRIBUTABLE RMB ‍47.68​ BILLION VERSUS RMB39.80 BILLION.FY NET INTEREST INCOME RMB188.12 BILLION VERSUS RMB157.59 BILLION.  Full Article

Postal Savings Bank Of China Says CBRC Approved Qualification Of Liu Yue As Non-Executive Director
Tuesday, 26 Dec 2017 

Dec 26 (Reuters) - Postal Savings Bank Of China Co Ltd <1658.HK>::CHINA BANKING REGULATORY COMMISSION APPROVED QUALIFICATION OF LIU YUE AS NON-EXECUTIVE DIRECTOR OF BANK.  Full Article

Postal Savings Bank Of China announces proposed issue of $7.25 bln perpetual offshore preference shares
Friday, 22 Sep 2017 

Sept 22 (Reuters) - Postal Savings Bank Of China Co Ltd <1658.HK>:Proposed issuance of u.s.$7.25 billion, 4.50% non-cumulative perpetual offshore preference shares.Entered subscription agreement with joint lead managers; offshore preference shares will have a par value of rmb100 each.Expects proceeds raised from issue, after deduction of commissions & expenses to be about rmb47.6 billion.  Full Article

Hong Kong shares end higher, investors shrug off weak China GDP data

Jan 21 Hong Kong's main Hang Seng index crept higher on Monday as investors shrugged off data showing the Chinese economy slowed within market expectations in the fourth quarter of 2018, amid expectations that Beijing would roll out more stimulus to boost growth.