Bank of China Ltd UnSp Singapore Depositary Receipt Repr 1 Sh (HBND) AI Stock Analysis

Company Guidance

For the second half of 2026, BOC said its domestic RMB loan growth rate is higher than average, with support focused on tech innovations, green development, and mid to long-term manufacturing, while overseas lending will maintain a good growth momentum and support smart manufacturing, renewable energy, new materials, and the biopharmaceutical industry; it will optimize asset and liability structure, expand low cost funding, continuously lower deposit cost, grow high yield businesses, and continue foreign currency NIM contribution. BOC expects to maintain a stable asset quality throughout 2026, with adequate risk provision and compensation capabilities, and will guard the bottom line of no systemic financial risks. It will maintain overseas business contribution to the group, with the contribution rate of overseas institution in terms of net profit making new breakthroughs, expand payment and clearing coverage to 60 countries and regions, offer derivative products in 90 currencies and multi-currency loans with the maximum 30 years of maturity, and maintain the contribution of non-interest income to total revenue amid low interest environment. The bank suggested increasing the payout ratio to 31% and declared a cash dividend of CNY 1.19 per 10 share.