BOC Hong Kong Holdings Ltd 02388

Stock XHKG Rating as of Sep 30, 2026

HK$50.80 −1.45 (2.78%)

As of Oct 2, 2026, 3:21:55 AM Delayed Price Open

Company Report

BOC Hong Kong Earnings: Solid Operating Trends; Higher Shareholder Returns a Positive

Kathy Chan Aug 31, 2026

BOC Hong Kong's first-half operating profit was largely flat, as weaker trading income offset higher net interest income and lower impairment charges. The bank announced additional shareholder returns of at least HKD 10.5 billion over 2026-28, including a 2026 special dividend of HKD 0.24 per share.

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Price vs Fair Value

View History

02388 is trading at a LOCK|CyD! premium.

Price

HK$52.25

Sep 30, 2026

Fair Value

Aug 31, 2026

Uncertainty

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1-Star Price: LOCK|.L
5-Star Price: <<$
Economic Moat: LOCK|XkKj
Capital Allocation: LOCK|pGNc$>

Bulls Say, Bears Say

Bulls

BOC Hong Kong benefits from a strong connection with parent Bank of China, underpinning steady loan growth as the bank offers cross-border banking expertise to Chinese corporates seeking offshore investments.

Bears

BOC Hong Kong's credit quality and profitability may deteriorate if the Chinese and regional economies experience a sharp decline in economic activity.

Trading Information

Previous Close Price: HK$52.25
Day Range: HK$50.65–51.65
52-Week Range: HK$35.92–53.85
Bid/Ask: HK$50.80 / HK$50.85
Shares Outstanding: 10.57B
Market Cap: HK$537.63B
Volume/Avg: 5M / 12M

Key Statistics

Price/Earnings (Normalized): 16.06
Price/Sales: 6.24
Dividend Yield (Trailing): 4.07%
Dividend Yield (Forward): 4.07%
Dividend Payment Schedule: May, Jul, Sep, Nov
Total Yield: 4.07%

Company Profile

BOC Hong Kong is a subsidiary of Bank of China. It is the second-largest bank in Hong Kong in both loan and deposit market shares. Although BOC Hong Kong is legally separate from its parent, it maintains close relationships with it in management, administration, and business relations. The two companies also cooperate in several areas, including the reselling of Bank of China's insurance and securities services. Bank of China holds a 66% stake in BOC Hong Kong.

Sector: Financial Services
Industry: Banks - Regional
Stock Style Box: Large Core
Total Number of Employees: 15,469
Website: https://www.bochk.com

Competitors

Valuation

Metric	02388	U11	O39
Price/Earnings (Normalized)	16.06	15.32	18.33
Price/Book Value	1.53	1.45	2.30
Price/Sales	6.24	5.28	9.27
Price/Cash Flow	13.76	10.44	18.46

Price/Earnings

02388

U11

O39

Financial Strength

Metric	02388	U11	O39
Quick Ratio	—	—	—
Current Ratio	—	—	—
Interest Coverage	—	—	—

Quick Ratio

No chart available

Profitability

Metric	02388	U11	O39
Return on Assets (Normalized)	0.94%	0.82%	1.20%
Return on Equity (Normalized)	12.02%	9.53%	13.41%
Return on Invested Capital (Normalized)	—	—	—

Return on Assets