china construction bank-h (CICHF) Key Developments
China Construction Bank Corporation Reports Unaudited Consolidated Earnings Results for Six Months Ended June 30, 2015
Aug 30 15
China Construction Bank Corporation reported unaudited consolidated earnings results for six months ended June 30, 2015. For the six months, the company reported net interest income of RMB 224,619 million compared to RMB 211,292 million for the same period a year ago. Operating income was RMB 297,817 million compared to RMB 276,727 million last year. Profit before tax was RMB 169,207 million compared to RMB 169,516 million last year. Net profit attributable to equity shareholders of the bank were RMB 131,895 million or RMB 0.53 per basic and diluted share compared to RMB 130,662 million or RMB 0.52 per basic and diluted share year. Net cash from operating activities was RMB 319,627 million compared to RMB 89,520 million last year. Purchase of fixed assets and other long-term assets was RMB 6,942 million compared to RMB 10,712 million last year. Annualised return on average equity was 20.18% compared to 22.97% last year. Annualised return on average assets was 1.51% compared to 1.65% last year. Interest income was RMB 384,194 million against RMB 356,473 million a year ago. The steady growth of the Group's profitability was mainly due to the following factors: First, the interest-earning assets increased moderately, pushing up net interest income by RMB 13,327 million, or 6.31% compared to the same period in 2014.
China Construction Bank Corporation Announces Board Changes
Aug 19 15
On 15 June 2015, the 2014 annual general meeting of China Construction Bank Corporation passed a resolution to appoint Mr. Pang Xiusheng as an executive director of the bank and a resolution to appoint Mr. Zhang Gengsheng as an executive director of the bank. The China Banking Regulatory Commission has approved Mr. Pang Xiusheng's and Mr. Zhang Gengsheng's qualifications to take office. The board of directors of the bank announced that Mr. Pang Xiusheng and Mr. Zhang Gengsheng have been appointed as executive directors of the bank, effective from 7 August 2015.
China Construction Bank Corporation to Report First Half, 2015 Results on Aug 28, 2015
Aug 18 15
China Construction Bank Corporation announced that they will report first half, 2015 results on Aug 28, 2015
China Construction Bank Corporation, Board Meeting, Aug 28, 2015
Aug 18 15
China Construction Bank Corporation, Board Meeting, Aug 28, 2015. Agenda: To consider and approve the interim results of the Bank for the six months ended June 30, 2015.
China Construction Bank Corporation Announces the Appointment of Ms. Hao Aiqun as a Non-Executive Director
Aug 11 15
The board of directors of the China Construction Bank Corporation announced that Ms. Hao Aiqun has been appointed as a non-executive director of the Bank, effective from July 30, 2015. Ms. Hao has served as deputy director of the Non-bank Financial Institutions Department of the CBRC since April 2003, concurrently deputy director and inspector of the Banking Supervision Department I of the CBRC. Ms. Hao was consecutively deputy division-chief and division-chief of the Supervision Bureau of the People's Bank of China, researcher of the Cooperation Bureau of the PBOC, and deputy inspector and deputy director-general of the Non-bank Financial Institutions Department of the PBOC from April 1983 to March 2003.