China Construction Bank Shares float
What is the Shares float of China Construction Bank?
The Shares float of China Construction Bank Corporation is 103.772B 43.16%
What is the definition of Shares float?
Shares float is the portion of shares of a corporation that are in the hands of public investors as opposed to locked-in stock.
= annual shares outstanding - closely held shares
Shares float represents the portion of shares of a corporation that are in the hands of public investors as opposed to locked-in stock held by promoters, company officers, controlling-interest investors, or government. This number is sometimes seen as a better way of calculating market capitalization because it provides a more accurate reflection of what public investors consider the company to be worth. In this context, the float may refer to all the shares outstanding that can be publicly traded
The float is calculated by subtracting the locked-in shares from outstanding shares. Stocks with smaller floats tend to be more volatile than those with larger floats. In general, the large holdings of founding shareholders, corporate cross-holdings, and government holdings in partially privatized companies are excluded when calculating the size of a public float.
Shares float of companies in the Finance sector on HKSE compared to China Construction Bank
What does China Construction Bank do?
China Construction Bank Corporation provides various banking and related financial services to individuals and corporate customers in the People's Republic of China and internationally. It operates through Corporate Banking, Personal Banking, Treasury Business, and Others segments. The company accepts various deposits, such as foreign currency, all in one accounts, RMB, corporate term and notification, and corporate demand deposits, as well corporate deposits by agreement. Its loan products include personal business, car, and housing loans; and SME, traditional credit, commercial draft, buyer credit, and RMB credit line loans. The company also offers credit cards; physical gold for personal investment and personal gold accounts; foreign exchange services; certificate treasury and savings bonds, securities deposit accounts, and securities services, as well as bank-securities transfer and book-entry treasury bond over the counter services; and wealth management products. In addition, it provides collection, salaries payment, third-party collection and payment, insurance agency, and remittance services; international settlement and financing, and FI services; securities and fund settlement services; guarantee-based, consulting and advising, and factoring services; fund custody services; treasury, asset management, trustee, finance leasing, investment banking, and other financial services; and e-banking services. Further, the company offers institutional services comprising services for government agencies, social security, banks cooperation, bank-securities cooperation, bank-insurance cooperation, and services for non-banking financial institutions. As of December 31, 2020, it operated 14,741 banking outlets. China Construction Bank Corporation was founded in 1954 and is headquartered in Beijing, the People's Republic of China.
Companies with shares float similar to China Construction Bank
- China Tower has Shares float of 46.663B 100.00%
- Agricultural Bank of China has Shares float of 50.545B 164.43%
- Lloyds Banking Plc has Shares float of 82.671B 122.88%
- Industrial and Commercial Bank of China has Shares float of 85.587B 98.61%
- Industrial & Commercial Bank of China has Shares float of 85.587B 98.61%
- China Construction Bank has Shares float of 103.577B 43.08%
- China Construction Bank has Shares float of 103.772B 43.16%
- Bank of China has Shares float of 105.441B 126.09%
- Bank of China has Shares float of 105.441B 126.09%
- Ameritrust has Shares float of 1.561T 5832703.92%