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

1398.HK on Hong Kong Stock

5.72HKD
31 Mar 2015
Change (% chg)

HK$0.07 (+1.24%)
Prev Close
HK$5.65
Open
HK$5.75
Day's High
HK$5.75
Day's Low
HK$5.70
Volume
428,016,687
Avg. Vol
254,628,100
52-wk High
HK$5.90
52-wk Low
HK$4.56

Search Stocks
Select another date:

Sat, Mar 21 2015

Photo

China to curb risks from short-term local debt: vice finance minister

BEIJING - China will take steps to rein in possible risks from short-term local government bonds, including converting such bonds into long-term debt, the country's vice finance minister, Zhu Guangyao, said on Saturday.

UPDATE 1-China approves ICBC purchase of 75 pct stake in Turkey's Tekstilbank

ISTANBUL, March 20 - Chinese authorities have given Industrial and Commercial Bank of China approval to buy a 75.5 percent stake in Turkey's Tekstilbank , the Turkish lender said on Friday, bringing the $316 million deal closer to completion.

REFILE-China approves ICBC purchase of 75 pct stake in Turkey's Tekstilbank

ISTANBUL, March 20 - Chinese authorities have given Industrial and Commercial Bank of China to buy a 75.5 percent stake in Turkey's Tekstilbank from GSD Holdings, the Turkish lender said on Friday.

Allianz hedges stake in CPIC through $700 million deal with Goldman

HONG KONG - Allianz SE struck a deal with Goldman Sachs to help the German company hedge part of its stake in China Pacific Insurance Group (CPIC) and lock in profits from two rounds of investments that Allianz made in China's third-largest insurer.

ICBC readying Tier 2 offshore bond offering

HONG KONG, Feb 5 (IFR) - Industrial and Commercial Bank of China is preparing to issue a Basel III-compliant Tier 2 bond around April, according to investors familiar with the plan.

ICBC sharpens Tier 1 model

SINGAPORE, Dec 5 (IFR) - Industrial and Commercial Bank of China's US$5.7bn offering of Basel III-compliant Additional Tier 1 capital this week improved on the distribution of the PRC's first offshore issue, showing that more investors are warming to the loss-absorbing format from Asia's biggest financial institutions.

ICBC to start roadshows for US$5.7bn offshore AT1

SINGAPORE, Nov 25 (IFR) - Industrial and Commercial Bank of China will start a roadshow tomorrow for its planned offering of offshore Additional Tier 1 preference shares of up to Rmb35bn (US$5.7bn) under 144A/Reg S.

China's ICBC to be yuan clearing bank in Qatar

BEIJING, Nov 4 - The Industrial and Commercial Bank of China has been appointed to clear all yuan trades in Qatar, the Chinese central bank said on Tuesday.

China to assign ICBC Doha branch as yuan clearing bank for Qatar-sources

BEIJING/HONG KONG, Nov 4 - China's central bank has decided to assign Industrial and Commercial Bank of China's Doha branch as the yuan clearing bank for Qatar, two sources familiar with the matter told Reuters on Tuesday.

UPDATE 2-China banks' bad loans surge, credit crunch could spread west

* China banks set for weakest performance among Asia peers (Rewrites, adds ICBC results, fears over rising bad loans in west)

Select another date:

Press Releases

Search Stocks