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

1398.HK on Hong Kong Stock

5.02HKD
2 Sep 2014
Price Change (% chg)

HK$-0.07 (-1.38%)
Prev Close
HK$5.09
Open
HK$5.06
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HK$5.07
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HK$5.01
Volume
141,023,359
Avg. Vol
211,315,386
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HK$5.66
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HK$4.33

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Thu, Aug 28 2014

UPDATE 1-China's ICBC reports slowest Q2 growth since 2009, bad loan rise

(Recasts, adds performance milestone, share price performance)

China's ICBC H1 profit rises 7 pct, within expectations

HONG KONG/SHANGHAI, Aug 28 - Industrial and Commercial Bank of China , the country's largest bank by market capitalisation, reported a 7 percent increase in its first half net profit, in line with forecasts, as net interest margins remained steady.

ICBC deal shows U.S. tech giant IBM still engaged in China

BEIJING - Industrial and Commercial Bank of China (ICBC) has deployed a new IBM mainframe computer system, the two companies said on Tuesday, boosting the U.S. technology giant's credentials in the country.

UPDATE 1-ICBC deal shows U.S. tech giant IBM still engaged in China

BEIJING, Aug 26 - Industrial and Commercial Bank of China (ICBC) has deployed a new IBM mainframe computer system, the two companies said on Tuesday, boosting the U.S. technology giant's credentials in the country.

ICBC, IBM deal shows US tech giant still engaged in China

BEIJING, Aug 26 - Industrial and Commercial Bank of China (ICBC) has deployed a new IBM mainframe computer system that reduces downtime and will continue to buy equipment from IBM, the two companies said Tuesday.

U.S. judge calls Argentina debt swap plan 'illegal'

NEW YORK - U.S. District Judge Thomas Griesa on Thursday called Argentina's proposed debt restructuring plan "illegal" but stopped short of holding the country in contempt, saying that would not help resolve the dispute that led to the nation's second default in a dozen years.

With London 'fix' under fire, China seeks bigger sway in gold trade

SINGAPORE - China has approached foreign banks and gold producers to participate in a global gold exchange in Shanghai, people familiar with the matter said, as the world's top producer and importer of the metal seeks greater influence over pricing.

HK fines, reprimands ICBC units for role in 2009 IPO

HONG KONG, May 21 - Hong Kong's securities regulator fined and reprimanded two units of the world's third-largest bank by value, Industrial and Commercial Bank of China (ICBC), for their roles in the 2009 initial public offering of Powerlong Real Estate Holdings Ltd.

China currency liberalization to be a 'seismic event': Australia

SYDNEY - China realizing its ambitions to internationalize the yuan is likely to be a "seismic event" for global markets, leading to large capital flows and perhaps a new reserve currency, a top Australian central banker said on Wednesday.

China's ICBC approved by Cambodia central bank as yuan clearing bank

HONG KONG, March 25 - Industrial and Commercial Bank of China (ICBC) , the world's largest bank by assets, said on Tuesday it has been approved by National Bank of Cambodia as a clearing bank for the Chinese yuan currency in the country.

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