[[ data.name ]]
[[ data.ticker ]]
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About
History
Competitors
About
History
Competitors
Bank of China is one of the four major state-owned commercial banks in mainland China. It has been an integral part of China’s financial system since 1912, and it is now the largest domestic bank by total assets. It provides services such as consumer banking, corporate banking, investment banking, private banking, online banking, and international operations.
The bank operates more than 17,000 branches in mainland China, as well as branches in Hong Kong, Macau, Taiwan, Japan, South Korea and other countries. The bank also offers a wide range of products and services including deposits, mortgages, credit cards, investments and insurance products. As of June 2020, Bank of China had a market capitalization of over $168 billion USD.
Bank of China is one of the largest banks in mainland China and has existed since 1912. It offers a range of services such as corporate banking, investment banking, private banking, online banking and international operations. The bank also operates over 17,000 branches in mainland China and other countries like Hong Kong and Japan.
The stock price history of Bank of China (501988.SS) has been volatile over the past few years due to macroeconomic conditions in China and other global markets. In November 2020, Bank of China's share price was CNY 4.93 per share on the Shanghai Stock Exchange surged from lows of CNY 2.94 in January 2016 following the devaluation of the yuan currency. Over the same time period, the stock had a maximum price range close to CNY 5.6 per share.
Bank of China is one of the largest state-owned commercial banks in mainland China. The bank offers a range of services such as consumer banking, corporate banking, investment banking, private banking, online banking and international operations. As of March 2023, it had a market capitalization of over 1.07T CNY
The main competitors to Bank of China are the other three major state-owned commercial banks located in mainland China: Industrial and Commercial Bank of China (ICBC), Agricultural Bank of China (ABC), and China Construction Bank (CCB). Additionally, foreign banks operating in mainland China such as HSBC and Citibank also provide competition for Bank of China.
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| Swap short | [[ data.swapShort ]] points |
| Spread min | [[ data.stats.minSpread ]] |
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| Commission and Swap | Commission and Swap |
| Leverage | Leverage |
| Trading Hours | Trading Hours |
* The spreads provided are a reflection of the time-weighted average. Though Skilling attempts to provide competitive spreads during all trading hours, clients should note that these may vary and are susceptible to underlying market conditions. The above is provided for indicative purposes only. Clients are advised to check important news announcements on our Economic Calendar, which may result in the widening of spreads, amongst other instances.
The above spreads are applicable under normal trading conditions. Skilling has the right to amend the above spreads according to market conditions as per the 'Terms and Conditions'.
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Why Trade [[data.name]]
Make the most of price fluctuations - no matter what direction the price swings and without capital restrictions that come with buying the underlying asset.
CFDs
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Capitalise on rising prices (go long)
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Hold larger positions than the cash you have at your disposal
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