As a leading metropolitan commercial bank in terms of assets scale and profitability, Bank of Beijing Ltd (601169) has an unparalleled advantage by way of its superior socio-economic position and financial environment. The 2008 Beijing Olympics is expected to bring strong growth impetus for the bank. From 21 Apr to 25 Apr 2008, the stock raised its 30 - day average by hitting its daily trading limits, making it a leading banking stock. The stock later jumped above its 60-day trading average. Analysts say if the company's stock exceeds its 90 - day trading average, it will gain increasing momentum, thereby encouraging investors to pay close attention to the stock.

Source: Shanghai Securities News

Date: 29 Apr 2008

CN01/DM/KM