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China Merchants Bank Co Ltd (3968.HK)

3968.HK on Hong Kong Stock

31.50HKD
15 Jun 2018
Change (% chg)

HK$-0.25 (-0.79%)
Prev Close
HK$31.75
Open
HK$31.60
Day's High
HK$31.95
Day's Low
HK$31.40
Volume
17,142,676
Avg. Vol
21,811,883
52-wk High
HK$39.50
52-wk Low
HK$21.35

Latest Key Developments (Source: Significant Developments)

China Financial Regulator Fines Three Banks 182.9 Mln Yuan For Regulatory Violations
Friday, 4 May 2018 

May 4 (Reuters) - China's banking and insurance regulator said on Friday::SAYS FINES CHINA MERCHANTS BANK <<<600036.SS>>> 65.7 MILLION YUAN ($10.33 million) FOR VIOLATIONS INCLUDING WEALTH MANAGEMENT PRODUCTS SALES.SAYS FINES INDUSTRIAL BANK <<<601166.SS>>> 58.7 MILLION YUAN FOR REGULATORY VIOLATIONS.SAYS FINES SHANGHAI PUDONG DEVELOPMENT BANK <<<600000.SS>>> 58.45 MILLION YUAN FOR REGULATORY VIOLATIONS.  Full Article

China Merchants Bank to pay a cash dividend of 0.84 yuan (pre-tax) per share
Monday, 26 Mar 2018 

March 26 (Reuters) - China Merchants Bank Co Ltd <600036.SS>:Says it plans to pay a cash dividend of 0.84 yuan (pre-tax) per share as the dividend payment plan for 2017.  Full Article

China Merchants Bank's Preliminary 2017 Net Profit Up 13.0 Percent Y/Y
Tuesday, 23 Jan 2018 

Jan 23 (Reuters) - China Merchants Bank Co Ltd <600036.SS>3968.HK::SAYS PRELIM 2017 NET PROFIT UP 13.0 PERCENT Y/Y AT 70.15 BILLION YUAN.  Full Article

China Merchants Bank Says ‍Li Xiaopeng Resigned As Vice Chairman
Thursday, 11 Jan 2018 

Jan 11 (Reuters) - China Merchants Bank Co Ltd <600036.SS>::‍LI XIAOPENG RESIGNED AS VICE CHAIRMAN AND NON-EXECUTIVE DIRECTOR OF CO​.  Full Article

China Merchants Bank Co Says CSRC Approved Non-Public Issuance Of Preference Shares Of Co
Wednesday, 6 Dec 2017 

Dec 6 (Reuters) - China Merchants Bank Co Ltd <600036.SS>::CSRC APPROVED CO'S NON-PUBLIC ISSUANCE OF NO MORE THAN 275 MILLION PREFERENCE SHARES.  Full Article

China Merchants Bank ‍gets approval for non-public issuance of domestic preference shares​
Tuesday, 7 Nov 2017 

Nov 7 (Reuters) - China Merchants Bank Co Ltd <600036.SS>:Gets approval from public offering review committee of CSRC on non-public issuance of domestic preference shares​.  Full Article

China United Network Communications's 9-mth net profit up, unit boosts JV's capital
Friday, 27 Oct 2017 

Oct 27 (Reuters) - China United Network Communications Ltd <600050.SS>:Says 9-month net profit up 168.4 percent y/y.Says unit and China Merchants Bank Co Ltd to boost capital of consumer finance JV by 600 million yuan ($90.19 million)each.  Full Article

China Merchants Bank posts qtrly net profit attributable of RMB‍19.55​ bln
Friday, 27 Oct 2017 

Oct 27 (Reuters) - China Merchants Bank Co Ltd <600036.SS>:9-Mnth net interest income RMB‍107,385​ million versus RMB100,722 million.Qtrly net profit attributable RMB‍19,546​ million versus RMB16,911 million .As at Sept 30, 2017, tier 1 capital adequacy ratio under the advanced approach was ‍12.72​ percent.‍Group's Q3 net interest margin 2.40 percent, down 0.04 percentage point as compared with Q2 of 2017​.  Full Article

China Merchants Bank issues offshore preference shares
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - China Merchants Bank Co Ltd <600036.SS> ::Says it issued non-cumulative perpetual offshore preference shares and raised about 6.63 billion yuan in total.  Full Article

China Merchants Bank announces issue of offshore preference shares​
Thursday, 19 Oct 2017 

Oct 20 (Reuters) - China Merchants Bank Co Ltd <600036.SS>::Announces ‍proposed issue of u.s.$1 billion 4.40% non-cumulative perpetual offshore preference shares​.Expects ‍net proceeds from offshore preference shares issuance to be about RMB6,578.2 million​.  Full Article

Photo

Chinese banks, pitching safety and returns (maybe), lure customers into deposits

SHANGHAI At a Hua Xia Bank branch in Shanghai's financial district, Wang Shujuan, a 72-year-old retired doctor, is looking at moving her money out of a high-yielding wealth management product into a bank deposit bearing an indefinite rate of return.