China Construction Bank Corp (939)

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China Construction Bank Corp Profile

China Construction Bank Corp. (939.xhkg) is a Chinese banking and insurance services provider headquartered in Beijing, the People's Republic of China. According to Forbes, in 2020, China Construction Bank was the third-largest bank in the world by market capitalization and the fourth-largest company globally. China Construction Bank operates more than 13,600 branches. It is traded on the Shanghai Stock Exchange (SSE), the Hong Kong Stock Exchange (SEHK), the Indonesia Stock Exchange as a component of the SSE MidCap (SSE-180 Index), as well as a component of the Hang Seng Index (HSI). China Construction Bank has a $1.15T (USD) market cap and employs 349,671 people as of December 2020. The Chinese bank posted a $3B (USD) net profit from last year’s $80B (USD) profit which is translated into a 2.8% increase in the first quarter (Q1), while the bad loan ratio dropped to 1.89% from 1.92% at the end of 2020. China Construction Bank Corp. (939.xhkg) has attended the meeting for the crypto ban held by the Chinese government in July 2021.

Holding cost
Trading hours in HK Time

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Each investor owning shares of a company is also owning fragments of the company. A quite simple way to explain what a stock is is basically when a company divides itself into several shares and then it makes a part of these equities available to the public, at a price. Each investor owning shares of a company is owning fragments of the company.

While shares represent units of ownership within a company Contracts for Difference (CFDs) allow traders to speculate on the future share price fluctuations of an underlying asset. Thus when trading CFDs traders do not physically own the underlying asset. CFDs are available for a range of underlying assets, such as shares, commodities, and foreign exchange, and indices.

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Source - database | Page ID - 22755

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