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

1398.HK on Hong Kong Stock

5.90HKD
8 Dec 2017
Change (% chg)

HK$0.01 (+0.17%)
Prev Close
HK$5.89
Open
HK$5.90
Day's High
HK$5.94
Day's Low
HK$5.84
Volume
244,732,058
Avg. Vol
324,431,280
52-wk High
HK$6.48
52-wk Low
HK$4.45

Latest Key Developments (Source: Significant Developments)

Industrial And Commercial Bank Of China completes issuance of second tranche tier-2 capital bonds
Wednesday, 22 Nov 2017 10:38pm EST 

Nov 23 (Reuters) - Industrial And Commercial Bank Of China Ltd <601398.SS> ::‍Announces completion of second tranche issuance of tier-2 capital bonds​.Says ‍size of issuance is 44 billion yuan with 10 year term and coupon rate is 4.45 percent .  Full Article

Industrial and Commercial Bank Of China completes issuance of first tranche tier-2 capital bonds​
Wednesday, 8 Nov 2017 06:05am EST 

Nov 8 (Reuters) - Industrial And Commercial Bank Of China Ltd <601398.SS>:‍Announces completion of first tranche issuance of tier-2 capital bonds​.Says ‍size of issuance is RMB44 billion with 10 year term and coupon rate is 4.45%​.  Full Article

Industrial and Commercial Bank of China posts Q3 net interest income of RMB ‍133.23 bln
Monday, 30 Oct 2017 04:53am EDT 

Oct 30 (Reuters) - Industrial and Commercial Bank of China::QTRLY NET INTEREST INCOME RMB ‍133,229​ MILLION VERSUS RMB 117,078 MILLION.  Full Article

ICBC posts Q3, Jan-Sept financial results
Monday, 30 Oct 2017 04:50am EDT 

Oct 30 (Reuters) - Industrial and Commercial Bank of China Ltd <1398.HK><601398.SS>:Says non-performing loans ratio at 1.56 percent at end-Sept.Says capital adequacy ratio at 12.88 percent at end-Sept.Says Q3 net profit up 3.4 percent y/y.Says 9-month net profit up 2.3 percent y/y .  Full Article

Industrial and Commercial Bank of China gets approvals to issue 88 bln yuan tier-2 capital bonds
Wednesday, 25 Oct 2017 07:00am EDT 

Oct 25 (Reuters) - Industrial and Commercial Bank of China Ltd <601398.SS><1398.HK>:Says it gets approvals from banking regulator, China central bank to issue up to 88.0 billion yuan ($13.25 billion)tier-2 capital bonds.  Full Article

Ping An Asset Management buys more H-shares in ICBC - HKEx filing
Friday, 13 Oct 2017 09:26am EDT 

Oct 13 (Reuters) - Industrial and Commercial Bank of China Ltd <601398.SS><1398.HK>:Ping An Asset Management Buys 44.877 million H-shares in ICBC <<<601398.SS>>><<<1398.HK>>> at average price per share of HK$6.3231 on Oct 10 - HKEx filing.Ping An Asset Management owns 5.03 percent stake in ICBC after the transaction from 4.98 percent previously - HKEx filing.  Full Article

Ping An Life Insurance raises stake in ICBC - HKEx filing
Wednesday, 11 Oct 2017 06:17am EDT 

Oct 11 (Reuters) - Ping An Life Insurance Group Co of China Ltd <2318.HK>:Buys 117.938 million shares of ICBC <<<1398.HK>>> at an average price per share of HK$6.3286 on Oct 9 - HKEx filing.Ping An Life Insurance owns 6.07 percent stake in ICBC after transaction from 5.93 percent previously - HKEx filing.  Full Article

Benxi Steel signs $3 billion debt-to-equity deal with ICBC
Wednesday, 27 Sep 2017 07:00am EDT 

BEIJING, Sept 27 (Reuters) - Benxi Steel Group Corp on Wednesday said it had signed a 20 billion yuan ($3.01 billion) debt-to-equity cooperation framework agreement with the Liaoning branch of Industrial and Commercial Bank of China (ICBC).:.  Full Article

Ping An Life Insurance adds H-share holdings in ICBC
Monday, 25 Sep 2017 10:00am EDT 

Sept 25 (Reuters) - Ping An Life Insurance Company of China Ltd:Says it has bought 5.96 million H-shares in Industrial and Commercial Bank Of China Ltd <<<1398.HK>>> on Sept 22 in secondary market.Says it and affiliates acting in concert own 5 percent H-shares in ICBC after transaction.  Full Article

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