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Industrial and Commercial Bank of China Ltd (1398.HK)

1398.HK on Hong Kong Stock

5.84HKD
22 Sep 2017
Change (% chg)

HK$-0.04 (-0.68%)
Prev Close
HK$5.88
Open
HK$5.85
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HK$5.90
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HK$5.83
Volume
222,559,343
Avg. Vol
323,281,970
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HK$6.07
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HK$4.43

Latest Key Developments (Source: Significant Developments)

ICBC says received CRBC approval to commence unit's operation
Tuesday, 19 Sep 2017 04:50am EDT 

Sept 19 (Reuters) - Industrial and Commercial Bank of China Ltd <1398.HK>::Announcement on approval of commencement of operation of unit ICBC Financial Asset Investment.According to CBRC's approval, ICBC Investment will have registered capital of RMB12 billion and will be registered in Nanjing.Received CBRC's approval for commencement of operation of ICBC Financial Asset Investment Co.  Full Article

China's ICBC Chairman says asset quality will continue to improve
Wednesday, 30 Aug 2017 07:12am EDT 

Aug 30 (Reuters) - Industrial and Commercial Bank Of China Ltd <601398.SS>, <1398.HK>:Chairman Yi Huiman says asset quality will continue to improve.  Full Article

ICBC posts H1 financial results
Wednesday, 30 Aug 2017 04:38am EDT 

Aug 30 (Reuters) - Industrial and Commercial Bank of China Ltd <1398.HK><601398.SS>:Says H1 net profit 153.00 billion yuan ($23.21 billion).Says non-performing loans ratio at 1.57 percent at end-June.Says net interest margin at 2.16 percent at end-June.Says capital adequacy ratio at 12.67 percent at end-June.  Full Article

Industrial and Commercial Bank of China to pay A shares annual div for FY 2016 on July 11
Monday, 3 Jul 2017 10:30pm EDT 

July 4 (Reuters) - Industrial and Commercial Bank of China Ltd <601398.SS> ::* Says it will pay cash dividend of 0.2343 yuan(before tax)/share for 2016 to shareholders of record on July 10 .* The company's shares will be traded ex-right and ex-dividend on July 11 and the dividend will be paid on July 11 .  Full Article

CFM International and ICBC Leasing sign $1.1 bln leap-1A engine deal
Monday, 19 Jun 2017 01:50pm EDT 

June 19 (Reuters) - CFM International ::ICBC Leasing and CFM sign $1.1 billion leap-1A engine deal.  Full Article

Singapore's Temasek cuts stake in China's ICBC - HKEx filing
Friday, 19 May 2017 05:40am EDT 

May 19 (Reuters) - Industrial and Commercial Bank of China Ltd <601398.SS><1398.HK>:Singapore's Temasek sells 600 million H-shares of ICBC <<<601398.SS>>><<<1398.hk>>> on May 15- HKEx filing.Singapore's Temasek sells H-shares of ICBC at an off-exchange average price per share of HK$5.023- HKEx filing.Temasek's stake in ICBC at 8.43 percent after transaction from 9.12 percent previously - hkex filing.  Full Article

ICBC posts Q1 financial results
Friday, 28 Apr 2017 04:35am EDT 

April 28 (Reuters) - Industrial and Commercial Bank of China Ltd <1398.HK><601398.SS>:Says Q1 net profit 75.79 billion yuan ($10.99 billion).Says non-performing loans ratio at 1.59 percent at end-March.Says capital adequacy ratio at 12.98 percent at end-March.  Full Article

ICBC says $2 bln medium term notes were listed on Singapore Exchange
Wednesday, 26 Apr 2017 06:46am EDT 

April 26 (Reuters) - Industrial and Commercial Bank Of China Ltd <601398.SS> ::US$2 billion medium term notes issued by co's singapore branch were listed on singapore exchange.Notes include us$550 million floating rate medium term notes due 2020 & us$1.45 billion floating rate medium term notes due 2022.  Full Article

ICBC to pay annual cash div as 2.343 yuan per 10 shares for FY 2016
Sunday, 2 Apr 2017 10:46pm EDT 

ICBC <601398.SS> : Says it plans to pay annual cash dividend as 2.343 yuan(pre-tax) per 10 shares as FY 2016 div payment .To pay A share shareholders in RMB and H share shareholders in HK dollar.  Full Article

China's ICBC has 2 bln yuan in loans to Huishan Dairy -chief risk officer
Thursday, 30 Mar 2017 08:33am EDT 

: Industrial and Commercial Bank of China (ICBC) <601398.SS><1398.HK> has about 2 billion yuan ($290.36 million) in loan exposure to China Huishan Dairy Holdings Co <6863.HK>, ICBC's chief risk officer Wang Bairong said on the sidelines of a news conference on Thursday. . ICBC's loans to Huishan Dairy account for about 5 percent of the company's financing, another ICBC official said. . Huishan Dairy, which had $4 billion wiped off its value in a single day last week, said on Tuesday that it had missed loan repayments and lost contact with a key executive.[nL3N1H51KV] Further company coverage: [601398.SS] ($1 = 6.8880 Chinese yuan renminbi) (Reporting By Matthew Miller; Editing by David Goodman) ((matthew.miller1@thomsonreuters.com;)).  Full Article

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Spain probes ICBC's European unit over money laundering

MADRID/HONG KONG Spain has launched an investigation into the European management of the Industrial and Commercial Bank of China (ICBC) in Luxembourg as part of a widening probe into the alleged laundering of hundreds of millions of euros through the Chinese banking giant's Madrid branch.