Previous close | 9.800 |
Open | 10.000 |
Bid | 9.760 x 0 |
Ask | 9.770 x 0 |
Day's range | 9.580 - 10.140 |
52-week range | 8.160 - 19.200 |
Volume | |
Avg. volume | 15,913,838 |
Market cap | 123.794B |
Beta (5Y monthly) | 0.88 |
PE ratio (TTM) | 9.77 |
EPS (TTM) | 1.000 |
Earnings date | 29 Apr 2024 - 30 Apr 2024 |
Forward dividend & yield | 0.20 (2.00%) |
Ex-dividend date | 04 Jul 2023 |
1y target est | 15.70 |
HONG KONG/SHANGHAI (Reuters) -China International Capital Corp (CICC) is cutting the base pay of onshore investment bankers by as much as 25%, three sources said, in a major effort to reduce costs amid volatile markets and Beijing's austerity drive. CICC didn't immediately respond to Reuters' request for comment on Sunday. Hong Kong-listed shares of CICC rose 2% on Monday by 0510 GMT, outperforming a 1.1% increase in the benchmark Hang Seng Index.
(Bloomberg) -- Brokerage analysts in China are confronting a harsh new reality. Most Read from BloombergDubai Grinds to Standstill as Cloud Seeding Worsens FloodingWhat If Fed Rate Hikes Are Actually Sparking US Economic Boom?China Tells Iran Cooperation Will Last After Attack on IsraelPowell Signals Rate-Cut Delay After Run of Inflation SurprisesRed Lobster Considers Bankruptcy to Deal With Leases and Labor CostsThe industry — which employs thousands of people who research and opine about stock
A top executive who left investment bank China International Capital Corp (CICC) is set to join sovereign wealth fund CIC to avoid a potential conflict of interest as his brother heads the securities regulator, six sources said. China has long vowed tougher discipline of leaders and officials, and the latest move comes against the backdrop of sweeping changes to top regulatory bodies made in recent years by President Xi Jinping so as to improve supervision. Wu Bo, most recently the president and CFO of state-owned CICC, is the younger brother of Wu Qing, who took the helm of the China Securities Regulatory Commission (CSRC) in February, said the sources with knowledge of the matter.