China Construction Bank Value Stock - Dividend - Research Selection
China construction bank
ISIN: CNE1000002H1 , WKN: A0M4XF
Market price:
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Description of the company
China Construction Bank Corporation, headquartered in Beijing, is a large-scale joint stock commercial bank leading in China. Its predecessor China Construction Bank was established in October 1954. It was listed on Hong Kong Stock Exchange in October 2005 (stock code: 939) and the Shanghai Stock Exchange in September 2007 (stock code: 601939). At the end of 2016, the Bank’s market capitalisation reached US$192,626 million, ranking fifth among all listed banks in the world. In terms of Tier 1 capital, the Group ranked second among the World’s Top 1000 Banks by the UK magazine The Banker in 2016.
With 14,985 banking stores and 362,482 staff members, the Bank provides services to hundreds of millions of personal and corporate customers, and maintains close cooperation with leading enterprises in strategic industries in the Chinese economy and numerous high-end customers. The Bank has commercial banking branches and subsidiaries in 29 countries and regions with 251 overseas entities, and its subsidiaries cover various industries, including asset management, financial leasing, trust, life insurance, property & casualty insurance, investment bank, futures and pension.
By accelerating the process of transformation and development toward being an innovative integrated banking group with multi-functional and smart services as well as intensive management, the Bank commits to developing itself into a bank with top value creation capability. The Bank strives to achieve the balance between short-term and long-term benefits, between business goals and social responsibilities, so as to maximise the value for customers, shareholders, society and its associates.