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| Name | Symbol | Market | Type |
|---|---|---|---|
| Bank of Communications Company Ltd (PK) | USOTC:BCMXY | OTCMarkets | Depository Receipt |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 17.83 | 17.30 | 18.63 | 2 | 21:04:24 |
From Jul 2019 to Jul 2024
Bank of Communications Co. (601328.SH, 3328.HK), 19%-owned by HSBC Holdings PLC (HBC), will expand its overseas operations by looking for opportunities to buy other financial institutions as well as setting up new branches, bank President Niu Ximing said Saturday.
"We shouldn't just set up branches overseas but also explore mergers and acquisition," he said in a financial forum. "The two approaches need to be combined."
Bank of Communications has more than 2,700 branches and outlets across 137 of the wealthiest cities in mainland China. It has been expanding its operations to include asset management, trust and financial leasing.
-By Dinny McMahon, Wall Street Journal; (86-10) 8400-7732; dinny.mcmahon@wsj.com
1 Year Bank of Communications (PK) Chart |
1 Month Bank of Communications (PK) Chart |
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