OTCMKTS:CHCJY China CITIC Bank (CHCJY) Stock Price, News & Analysis → Urgent new message from Porter Stansberry (From Porter & Company) (Ad) Free CHCJY Stock Alerts $10.29 0.00 (0.00%) (As of 03/18/2024 ET) Add Compare Share Share Today's Range$10.29▼$10.2950-Day Range$9.07▼$10.2952-Week Range$8.56▼$10.92VolumeN/AAverage Volume29 shsMarket Capitalization$25.18 billionP/E Ratio3.21Dividend Yield7.48%Price TargetN/A Stock AnalysisStock AnalysisChartDividendEarningsFinancialsHeadlinesSEC FilingsShort InterestStock AnalysisChartDividendEarningsFinancialsHeadlinesSEC FilingsShort Interest Get China CITIC Bank alerts: Email Address Ad Behind the MarketsThe only AI company you should be looking atThis is the ONLY AI company you should be watching right now. No. It's not Nvidia, Intel, or Microsoft... It's a tiny biotech using proprietary AI to assist in new drug discovery at a rate 100,000 times faster than a human. This new drug discovery technique will change the market. And that's why they received a $50 million investment from an AI powerhouse.Get the stock ticker here >>> About China CITIC Bank Stock (OTCMKTS:CHCJY)China CITIC Bank Corporation Limited provides various banking products and services in the People's Republic of China and internationally. The company operates in segments, such as Corporate Banking, Retail Banking, and Financial Market business. It accepts deposits; offers corporate and personal loans; and provides securities agency, remittance and settlement, and guarantee services, as well as investment banking and international services. The company also engages in the capital markets operations and inter-bank operations, including inter-bank money market transactions, repurchase transactions, investments, and trading in debt instruments; and derivatives and forex trading. In addition, it offers asset management, finance leasing, wealth management, ageing finance, private banking, credit card, payroll, and other non-banking financial services. The company serves corporations, government agencies, and non-financial institutions; and individual customers and micro and small enterprises. The company operates tier-one branches, tier-two branches, and sub-branches; self-service banks; and self-service terminals, as well as smart teller machines. The company was founded in 1987 and is headquartered in Beijing, the People's Republic of China. China CITIC Bank Corporation Limited operates as a subsidiary of CITIC Financial Holdings Co., Ltd.Read More CHCJY Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CHCJY Stock News HeadlinesFebruary 1, 2024 | finance.yahoo.comHong Kong airport authority's US$640 million retail bonds to fund new runway prove popular with investors in boost for city's aviation hub ambitionsSeptember 10, 2023 | msn.comChina Citic Bank International eyes mobile banking increase in Hong Kong, aims to save 1 million sheets of paper a yearMarch 19, 2024 | Porter & Company (Ad)Urgent new message from Porter StansberryI’ve been in the financial markets for close to three decades… Yet, I’ve never seen an opportunity that’s so urgent, so critical, and yet so overlooked than what is unfolding right now. You see, in one corner of the markets a financial anomaly has emerged that promises to be the single most important story of 2024.August 31, 2023 | msn.comCITIC Limited reports $4.4b profit in H1July 29, 2023 | finance.yahoo.comChina central bank issues draft rules on its data security managementJuly 22, 2023 | morningstar.comChina Citic Bank Corp Ltd Class HJuly 21, 2023 | msn.comUPDATE 1-China's CITIC cuts around 20 bankers from Hong Kong's CLSA - sourcesJuly 19, 2023 | reuters.comExclusive: China's CITIC to move dozens of Hong Kong bankers to mainland to cut costsMarch 19, 2024 | InvestorPlace (Ad)They said crypto was dead. It went up 100X.Bitcoin’s haters are out again. Despite the price doubling in the last six months alone… That hasn’t stopped the experts from piling on. Warren Buffett’s right-hand man Charlie Munger called crypto investors “idiots” in one of his last interviews. 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They’ve predicted crypto’s demise for years.July 18, 2023 | msn.comExclusive: China's CITIC to move dozens of Hong Kong bankers to mainland to cut costs -sourcesJuly 10, 2023 | finance.yahoo.comUPDATE 1-Ex-China central bank deputy head arrested for suspected briberyJune 26, 2023 | msn.comNIM to offset China CITIC Bank elevated credit costs: Moody’sJune 7, 2023 | msn.comCiti CEO commits to China expansion, Beijing saysJune 7, 2023 | benzinga.comCitigroup's CEO Expresses Confidence in China's Economic and Financial Growth during Inaugural VisitJune 7, 2023 | msn.comCitigroup CEO pledges to Beijing to continue China expansionMay 5, 2023 | forbes.comChina's Banks Lost $22B to Alibaba And Tencent In 2015, But That's Not Their Biggest ProblemMay 1, 2023 | msn.comHSBC, DBS, China Citic, other banks offer range of incentives to entice mainland business during first post-Covid golden week holidayMay 1, 2023 | marketwatch.comChina Citic Bank 1Q Net Rose 10.3%April 19, 2023 | morningstar.comChina Citic Bank Corp Ltd ADRMarch 23, 2023 | marketwatch.comChina Citic Bank Corp. FY Net Profit Rose 12%February 23, 2023 | forbes.comBank of ChinaFebruary 22, 2023 | msn.comStar banker's disappearance surprises even China's state lendersFebruary 2, 2023 | forbes.comCNY Rallies, ECB & BOE Hike Interest RatesJanuary 29, 2023 | news.yahoo.comChina's EXIM bank gives Sri Lanka debt extensionJanuary 3, 2023 | msn.comTender sale of Evergrande's Hong Kong headquarters fails again -sourcesJanuary 3, 2023 | reuters.comLenders fail to sell Evergrande's Hong Kong headquarters by tender - sourcesDecember 19, 2022 | afr.comChina promises to reboot economy after COVID curbsSee More Headlines Receive CHCJY Stock News and Ratings via Email Sign-up to receive the latest news and ratings for China CITIC Bank and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Today3/18/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeOTCMKTS SectorFinance Industry Private households Sub-IndustryN/A Current SymbolOTCMKTS:CHCJY CUSIPN/A CIK1495687 Webwww.citicbank.com Phone86 10 8523 0010FaxN/AEmployees61,103Year Founded1987Profitability EPS (Most Recent Fiscal Year)$3.21 Trailing P/E Ratio3.21 Forward P/E RatioN/A P/E GrowthN/ANet Income$9.23 billion Net Margins17.41% Pretax MarginN/A Return on Equity9.06% Return on Assets0.73% Debt Debt-to-Equity Ratio1.30 Current Ratio0.83 Quick Ratio0.83 Sales & Book Value Annual Sales$55.59 billion Price / Sales0.45 Cash Flow$4.25 per share Price / Cash Flow2.42 Book Value$41.65 per share Price / Book0.25Miscellaneous Outstanding Shares2,446,750,000Free FloatN/AMarket Cap$25.18 billion OptionableNot Optionable Beta0.03 Social Links 7 Energy Stocks to Buy and Hold ForeverDo you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.Get This Free Report Key ExecutivesMr. Heying Fang (Age 58)Executive Chairman Mr. Cheng Liu (Age 57)President & Executive Director Comp: $281.61kMr. Kang Wang (Age 52)CFO & VP Mr. Gang Hu (Age 57)VP & Chief Risk Officer Ms. Qing Zhang (Age 56)Secretary of the Board & Joint Company Secretary Mr. Xue FengqingHead of the Financial & Accounting DepartmentMs. Mei Ha Kam FCIS (Age 56)FCS (PE), Joint Company Secretary More ExecutivesKey CompetitorsSampo OyjOTCMKTS:SAXPYSompoOTCMKTS:SMPNYGrupo Financiero InbursaOTCMKTS:GPFOYCapitaLandOTCMKTS:CLLDYCommerzbankOTCMKTS:CRZBYView All Competitors Should I Buy China CITIC Bank Stock? CHCJY Pros and Cons Explained These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of China CITIC Bank was last updated on Sunday, March 17, 2024 at 4:45 PM. Pros Here are some ways that investors could benefit from investing in China CITIC Bank Co. Limited: The recent partnership with a leading fintech company has opened up new digital banking opportunities, enhancing customer experience and potentially increasing revenue streams. China CITIC Bank Co. Limited has shown consistent growth in its loan portfolio, indicating a strong lending business that could lead to higher interest income. Recent regulatory changes in the banking sector have favored China CITIC Bank Co. Limited, providing a competitive edge and potential for increased market share. The current stock price of China CITIC Bank Co. Limited is undervalued compared to its peers, presenting a good entry point for investors seeking value stocks. Strategic investments in technology and innovation have positioned China CITIC Bank Co. Limited to adapt to changing market trends and stay ahead of competitors. Cons Investors should be bearish about investing in China CITIC Bank Co. Limited for these reasons: The economic slowdown in the region could impact loan demand and asset quality, potentially leading to higher non-performing loans and lower profitability. Increased competition from both traditional banks and emerging fintech players may put pressure on China CITIC Bank Co. Limited's market position and margins. Regulatory changes related to capital requirements and risk management could increase compliance costs for China CITIC Bank Co. Limited, affecting overall profitability. Geopolitical tensions and trade disputes may introduce uncertainties in the market, impacting the bank's international operations and cross-border transactions. Fluctuations in interest rates could affect China CITIC Bank Co. Limited's net interest margin, potentially impacting its earnings and shareholder returns. CHCJY Stock Analysis - Frequently Asked Questions How have CHCJY shares performed in 2024? China CITIC Bank's stock was trading at $9.22 at the beginning of the year. Since then, CHCJY shares have increased by 11.6% and is now trading at $10.29. View the best growth stocks for 2024 here. Are investors shorting China CITIC Bank? China CITIC Bank saw a drop in short interest during the month of February. As of February 29th, there was short interest totaling 100 shares, a drop of 50.0% from the February 14th total of 200 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 1.0 days. View China CITIC Bank's Short Interest. How often does China CITIC Bank pay dividends? What is the dividend yield for China CITIC Bank? China CITIC Bank declared a dividend on Saturday, June 17th. Stockholders of record on Monday, June 26th will be given a dividend of $0.811 per share on Friday, August 4th. This represents a yield of 7.74%. The ex-dividend date is Friday, June 23rd. This is an increase from the stock's previous dividend of $0.80. Read our dividend analysis for CHCJY. Is China CITIC Bank a good dividend stock? China CITIC Bank (OTCMKTS:CHCJY) pays an annual dividend of $0.78 per share and currently has a dividend yield of 7.56%. CHCJY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 24.30%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for CHCJY. How do I buy shares of China CITIC Bank? Shares of CHCJY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. Does China CITIC Bank have any subsidiaries? The following companies are subsidiares of China CITIC Bank: CITIC Financial Leasing Co. Ltd., CITIC International Financial Holdings Limited, CITIC Wealth Management Corporation Limited, CNCB (Hong Kong) Investment Limited, and Zhejiang Lin’an CITIC Rural Bank Corporation Limited.Read More This page (OTCMKTS:CHCJY) was last updated on 3/19/2024 by MarketBeat.com Staff From Our Partners8,788% Return Predicted For THIS Crypto (already up 40% in 6 months)Paradigm PressCentral Bank Gold Heist In ProgressColonial MetalsLike Tiny Crypto Retirement FundsCrypto 101 MediaThe AI Bottleneck No One is Talking AboutThe Bull ReportMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceSHOCKING Footage From Tesla Gigafactory In Austin, TexasInvestorPlaceThe world’s greatest investmentPorter & CompanyStock-Picking AI Predicts #1 Stock of 2024Altimetry Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding China CITIC Bank Co. 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