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China Construction Bank (HKSE:00939) Cash Conversion Cycle


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What is China Construction Bank Cash Conversion Cycle?

Cash Conversion Cycle (CCC) does not apply to banks and insurance companies.


China Construction Bank Business Description

Traded in Other Exchanges
Address
No. 25, Finance Street, Xicheng District, Beijing, CHN, 100033
China Construction Bank is the second-largest bank in China, with headquarter in Beijing. The bank went public on the Hong Kong Stock Exchange in 2005 and listed shares in mainland China in 2007. Central Huijin Investment, China's sovereign wealth fund manager is the largest shareholder with a 57% share. Fullerton Financial Holdings (a subsidiary of Temasek) is the company's second-largest shareholder with a 4.99% stake. CCB strives to provide customers with comprehensive financial services. Corporate banking, retail banking, and wholesale banking business segments accounted for 36%, 57%, and 7% of profit before tax, respectively, in 2022.