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

1398.HK on Hong Kong Stock

6.75HKD
18 May 2018
Change (% chg)

HK$0.00 (+0.00%)
Prev Close
HK$6.75
Open
HK$6.79
Day's High
HK$6.80
Day's Low
HK$6.73
Volume
172,421,470
Avg. Vol
331,118,523
52-wk High
HK$7.64
52-wk Low
HK$4.83

Latest Key Developments (Source: Significant Developments)

ICBC Posts Q1 Financial Results
Friday, 27 Apr 2018 04:42am EDT 

April 27 (Reuters) - Industrial and Commercial Bank of China Ltd <601398.SS>, <1398.HK>::SAYS Q1 NET PROFIT 78.80 BILLION YUAN ($12.42 billion).SAYS NON-PERFORMING LOANS RATIO AT 1.54 PERCENT AT END-MARCH.SAYS CAPITAL ADEQUACY RATIO AT 12.64 PERCENT AT END-MARCH.  Full Article

ICBC Chairman: Expect To Keep Bad Loan Provision Coverage Ratio Stable
Tuesday, 27 Mar 2018 06:02am EDT 

March 27 (Reuters) - Industrial and Commercial Bank of China <1398.HK>::INDUSTRIAL AND COMMERCIAL BANK OF CHINA PRESIDENT GU SHU: EXPECT ASSET QUALITY TO CONTINUE TO IMPROVE.INDUSTRIAL AND COMMERCIAL BANK OF CHINA CHAIRMAN YI HUIMAN: MERGER OF BANKING AND INSURANCE REGULATORS BENEFITS THE DEVELOPMENT OF THE BANKING SECTOR.ICBC CHAIRMAN SAYS ICBC DISPOSED 600 BILLION YUAN IN BAD LOANS OVER LAST 3 YEARS.ICBC CHAIRMAN: EXPECT TO KEEP BAD LOAN PROVISION COVERAGE RATIO STABLE.  Full Article

ICBC Posts 2017 Financial Results
Tuesday, 27 Mar 2018 04:51am EDT 

March 27 (Reuters) - Industrial and Commercial Bank of China <601398.SS>, <1398.HK>::SAYS 2017 NET PROFIT 286.05 BILLION YUAN ($45.59 billion).SAYS NON-PERFORMING LOANS RATIO AT 1.55 PERCENT.SAYS NET INTEREST MARGIN AT 2.22 PERCENT.SAYS CAPITAL ADEQUACY RATIO AT 12.77 PERCENT.  Full Article

Industrial And Commercial Bank Of China Says CBRC Approves Establishment Of ICBC Aviation Leasing
Friday, 9 Mar 2018 05:16am EST 

March 9 (Reuters) - Industrial And Commercial Bank Of China Ltd <601398.SS>::‍ANNOUNCES APPROVAL BY CBRC OF ESTABLISHMENT OF ICBC AVIATION LEASING COMPANY LIMITED​.  Full Article

Industrial And Commercial Bank Of China Board Approves Certain Proposals In Meeting
Friday, 12 Jan 2018 04:55am EST 

Jan 12 (Reuters) - Industrial And Commercial Bank Of China <1398.HK>::BOARD CONSIDERED AND APPROVED PROPOSAL ON FIXED ASSET INVESTMENT BUDGET FOR 2018.CONSIDERED AND APPROVED PROPOSAL ON STRATEGIC DEVELOPMENT PLAN OF ICBC FOR 2018–2020‍​.  Full Article

Industrial and Commercial Bank Of China Receives Regulatory Approval For Switzerland Branch
Thursday, 14 Dec 2017 04:47am EST 

Dec 14 (Reuters) - Industrial And Commercial Bank Of China Ltd <1398.HK>::CBRC AND SWISS FINANCIAL MARKET SUPERVISORY AUTHORITY APPROVED ESTABLISHMENT OF BRANCH IN SWITZERLAND.  Full Article

East Money Information signs cooperation framework agreement with Industrial and Commercial Bank of China
Wednesday, 13 Dec 2017 04:56am EST 

Dec 13 (Reuters) - East Money Information Co Ltd <300059.SZ>:Says it signed cooperation framework agreement with Industrial and Commercial Bank of China on Dec. 11 .Says two entities mainly cooperate on securities business, information sharing, financial products sales and customer resource sharing.  Full Article

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 targets Chinese visitors to Kenya with new credit card

NAIROBI, May 15 The Industrial and Commercial Bank of China (ICBC) has launched a credit card in partnership with Kenya's Stanbic Bank to tap a growing pool of Chinese tourists visiting the East African nation.