Algo version: 0.98b
China Development Bank is listed at the HKSE Exchange
China Development Bank [1062.HK]
HKSE Sector: Financial Services Industry:Asset Management

Is China Development Bank stock a buy?

What Is The Conclusion?

Right now our advanced algorithms say:

Do the analyst corps agree?

Interesting Questions and Easy Answers!

Yes, China Development Bank pays dividends. Last time was Monday 30th of June 2008 where the investors holding the stock on Wednesday 7th of May 2008 were paid HKD0.02 per share. Over the last 1 times between 2008 and 2008, China Development Bank has paid HKD0.02 with an average of HKD0.02 per share.

Sorry, we do not have any analyst data for this ticker

We cannot find data for China Development Bank 10 years ago, but if you had invested on Friday 22nd of November 2019 when the price was HKD0.137, you would have made a loss of HKD-0.0540 per share or -39.42%

No, the average daily trading liquidity for China Development Bank is HKD1.18 million. Trading in stocks with this little trading liquidity is very dangerous, and you can get into a situation where it will be hard to trade your stocks. In addition, these types of stocks usually have very high volatility.

China Development Bank has no real debt, which is good in periods of high inflation. The company is still not profitable, and high inflation will make it harder to become profitable as costs increase and consumer spending decreases.

We have calculated the inflation risk for China Development Bank to be medium [0.7 of 1]

US inflation for August 2024 was 0.19%. Over the last 12 months, the US inflation is 2.59%. The 10-year treasury yield that indicates the future interest level is currently 4.41 and is up 0.05 over the last 30 days.