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

1398.HK on Hong Kong Stock

5.16HKD
24 Mar 2017
Change (% chg)

HK$-0.01 (-0.19%)
Prev Close
HK$5.17
Open
HK$5.18
Day's High
HK$5.19
Day's Low
HK$5.12
Volume
248,315,429
Avg. Vol
243,784,188
52-wk High
HK$5.27
52-wk Low
HK$3.82

Latest Key Developments (Source: Significant Developments)

Industrial and Commercial Bank of China gets regulatory approval to appoint deputy head
Monday, 6 Feb 2017 05:34am EST 

Industrial and Commercial Bank of China Ltd <601398.SS><1398.HK> :Says it gets banking regulator's approval to appoint Tan Jiong as deputy head of the bank.  Full Article

Easyknit International updates on disposal of securities of Industrial and Commercial Bank Of China Ltd
Friday, 23 Dec 2016 03:47am EST 

Easyknit International Holdings Ltd <1218.HK> : Major Transaction - Disposal Of Securities Of Industrial And Commercial Bank Of China Limited . Group disposed on-market a total of 12 million icbc shares in a transaction at an average price of hk$4.69 per ICBC share . Deal for a gross sale proceeds of approximately hk$56.3 million .As a result of disposal, group is expected to recognize a gain of approximately hk$2 million.  Full Article

ICBC issues US$500 mln floating rate medium term notes due 2019
Friday, 25 Nov 2016 05:01am EST 

Industrial and Commercial Bank of China : Issue of US$500 mln floating rate medium term notes due 2019 by London branch under its uS$10 bln medium term note programme .US$500 million floating rate medium term notes due are expected to be listed on London Stock Exchange on 29 Nov.  Full Article

Industrial and commercial bank of china appoints Gu Shu as vice chairman
Tuesday, 27 Sep 2016 07:32am EDT 

Industrial And Commercial Bank Of China Ltd <601398.SS> : Sheila Colleen Bair nominated as candidate for independent non- executive director of bank .Gu Shu has been appointed as vice chairman.  Full Article

Industrial and Commercial Bank Of China says board approved appointment of Gu Shu as president
Tuesday, 27 Sep 2016 07:24am EDT 

Industrial And Commercial Bank Of China Ltd <1398.HK> :Considered and approved proposal on appointment of Gu Shu as president of Industrial And Commercial Bank Of China Limited.  Full Article

ICBC Chairman says first NPL-backed securities won't exceed 5 bln yuan
Tuesday, 30 Aug 2016 07:49am EDT 

Speaking at a press conference in Beijing, Industrial & Commercial Bank Of China Chairman Yi Huiman said : ICBC's bad debts may continue to rise but will stabilise gradually . It's too early to say whether bad debt levels getting worse or better, . ICBC will issue NPL-backed securities next month . ICBC's first batch of NPL-backed securities will not exceed 5 billion yuan (Reporting by Shu Zhang and Matthew Miller; editing by David Clarke) ((matthew.miller1@thomsonreuters.com;)).  Full Article

ICBC posts H1 financial results
Tuesday, 30 Aug 2016 04:54am EDT 

Industrial and Commercial Bank of China Ltd <1398.HK><601398.SS> : Says H1 net profit 150.22 billion yuan ($22.49 billion) . Says non-performing loans ratio at 1.55 percent at end-June . Says net interest margin at 2.21 percent at end-June .Says capital adequacy ratio at 12.54 pct at end-June.  Full Article

Industrial and Commercial Bank of China HY net profit RMB 150.22 bln<1398.HK><601398.SS>
Tuesday, 30 Aug 2016 04:37am EDT 

Industrial and Commercial Bank of China Ltd <601398.SS>: HY net profit attributable to equity holders RMB 150.217 billion versus RMB 149.0 billion a year ago . NPL ratio as at June 30, 2016, 1.55 percent versus 1.50 percent as at December 31, 2015 . Core tier 1 capital adequacy ratio as at June 30, 12.54 percent versus 12.87 percent as at December 31, 2015 . HY net interest margin 2.21 percent versus 2.53 percent a year ago . "In H2 2016 global economic recovery will remain weak" .  Full Article

Industrial and Commercial Bank of China updates on listing of notes<1398.HK><601398.SS>
Friday, 12 Aug 2016 04:38am EDT 

Industrial and Commercial Bank of China Ltd <601398.SS>: ICBC usdpref1 ICBC eurpref1 ICBC cnhpref1-r-overseas regulatory announcement - issue of u.s.$500 mln fixed rate medium term notes due 2019 by Singapore branch <1398.HK> . Fixed rate medium term notes due 2019 were listed on Singapore exchange on 12 August 2016 .  Full Article

Industrial and Commercial Bank of China says Wei Guoxiong to resign as CRO<1398.HK><601398.SS>
Thursday, 21 Jul 2016 08:16am EDT 

Industrial and Commercial Bank of China Ltd <601398.SS>: Says wei Guoxiong shall cease to serve as chief risk officer of the bank . Says qualification of Wang Bairong as chief risk officer of bank has been approved by China Banking Regulatory Commission .  Full Article

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