Bank of Communications traded at 8.05 this Friday October 23rd, decreasing 0.16 or 1.95 percent since the previous trading session. Looking back, over the last four weeks, Bank of Communications lost 6.48 percent. Over the last 12 months, its price rose by 11.34 percent. Looking ahead, we forecast Bank of Communications to be priced at 7.86 by the end of this quarter and at 7.30 in one year, according to Trading Economics global macro models projections and analysts expectations.
Bank of Communications Co Ltd mainly provides banking and related financial services. The Bank's businesses are divided into four segments: Personal Finance Business segment, Corporate Finance Business segment, Capital Business segment and Other Businesses segment. Personal Finance Business segment mainly include personal loans, retail deposits, credit cards and remittances. Corporate Finance Business segment mainly include corporate loans, bills, trade financing, corporate deposits and remittances. Capital Business segment mainly include money market fund borrowing and buying, investment securities, and selling securities under sell repurchase agreements.