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S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Asian markets sink, with Japan’s Nikkei down 3.5%, as Mideast tensions flare
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Asian markets sink, with Japan’s Nikkei down 3.5%, as Mideast tensions flare
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Asian markets sink, with Japan’s Nikkei down 3.5%, as Mideast tensions flare
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
OTCMKTS:CHCJY

China CITIC Bank (CHCJY) Stock Price, News & Analysis

$10.71
0.00 (0.00%)
(As of 04/18/2024 ET)
Today's Range
$10.71
$10.71
50-Day Range
$9.99
$10.76
52-Week Range
$8.56
$10.99
Volume
3 shs
Average Volume
264 shs
Market Capitalization
$26.20 billion
P/E Ratio
3.34
Dividend Yield
7.28%
Price Target
N/A
CHCJY stock logo

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.

CHCJY Stock Price History

CHCJY Stock News Headlines

You’re invited: Biggest crypto event of 2024
During the event on Tuesday, April 23 at 10 am ET, I’ll be giving away the name and ticker symbol of crypto that could surge in price. I believe it will be the best performing crypto of 2024.
CITIC Limited reports $4.4b profit in H1
China Citic Bank Corp Ltd Class H
You’re invited: Biggest crypto event of 2024
During the event on Tuesday, April 23 at 10 am ET, I’ll be giving away the name and ticker symbol of crypto that could surge in price. I believe it will be the best performing crypto of 2024.
China Citic Bank 1Q Net Rose 10.3%
China Citic Bank Corp Ltd ADR
China Citic Bank Corp. FY Net Profit Rose 12%
Bank of China
CNY Rallies, ECB & BOE Hike Interest Rates
China's EXIM bank gives Sri Lanka debt extension
See More Headlines
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Company Calendar

Today
4/18/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Private households
Sub-Industry
N/A
Current Symbol
OTCMKTS:CHCJY
Fax
N/A
Employees
61,103
Year Founded
1987

Profitability

Net Income
$9.23 billion
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$55.59 billion
Cash Flow
$4.25 per share
Book Value
$41.65 per share

Miscellaneous

Outstanding Shares
2,446,750,000
Free Float
N/A
Market Cap
$26.20 billion
Optionable
Not Optionable
Beta
0.03

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Key Executives

  • Mr. Heying Fang (Age 58)
    Executive Chairman
  • Mr. Cheng Liu (Age 57)
    President & Executive Director
    Comp: $281.12k
  • Mr. 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 Fengqing
    Head of the Financial & Accounting Department
  • Ms. Mei Ha Kam FCIS (Age 56)
    FCS (PE), Joint Company Secretary

Should I Buy China CITIC Bank Stock? CHCJY Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in China CITIC Bank Co. Limited:

  • China CITIC Bank Co. Limited has a strong market capitalization of $25.18 billion, indicating stability and potential growth.
  • The company offers a diverse range of banking products and services, including corporate and personal loans, investment banking, and international services, providing multiple revenue streams.
  • With a low price-to-earnings ratio of 3.21, the stock may be undervalued, presenting a potential buying opportunity for investors.
  • China CITIC Bank Co. Limited operates in various segments like Corporate Banking, Retail Banking, and Financial Market business, diversifying its revenue sources and reducing risk.
  • The company's 50-day simple moving average of $9.73 and two-hundred day simple moving average of $9.24 suggest a stable stock performance trend.

Cons

Investors should be bearish about investing in China CITIC Bank Co. Limited for these reasons:

  • The current ratio and quick ratio of 0.83 indicate potential liquidity challenges for the company, which could impact its ability to meet short-term obligations.
  • China CITIC Bank Co. Limited's debt-to-equity ratio of 1.30 may suggest a higher level of debt compared to equity, potentially increasing financial risk.
  • The stock's beta of 0.03 indicates low volatility compared to the market, which may limit potential returns for investors seeking higher-risk investments.
  • Despite a drop in short interest, the stock's low average daily trading volume of 100 shares may lead to limited liquidity and price volatility.
  • Investors should consider the 12-month low and high stock prices of $8.56 and $10.92, respectively, to assess potential price fluctuations and risk exposure.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, April 10, 2024. Please send any questions or comments about these China CITIC Bank pros and cons to contact@marketbeat.com.

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 16.2% and is now trading at $10.71.
View the best growth stocks for 2024 here
.

Are investors shorting China CITIC Bank?

China CITIC Bank saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 500 shares, an increase of 400.0% from the March 15th total of 100 shares. Based on an average trading volume of 800 shares, the short-interest ratio is presently 0.6 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. Shareholders of record on Monday, June 26th will be paid a dividend of $0.811 per share on Friday, August 4th. This represents a dividend yield of 7.74%. The ex-dividend date is Friday, June 23rd. This is a positive change 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 7.26%. 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 4/19/2024 by MarketBeat.com Staff

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