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

1398.HK on Hong Kong Stock

5.60HKD
21 May 2019
Change (% chg)

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238,893,550
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HK$6.85
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HK$5.10

Latest Key Developments (Source: Significant Developments)

Industrial And Commercial Bank Of China Approved Election Of Hu Hao As Executive Director
Monday, 20 May 2019 09:06am EDT 

May 20 (Reuters) - Industrial And Commercial Bank Of China Ltd <601398.SS>::APPROVED PROPOSAL ON ELECTION OF HU HAO AS EXECUTIVE DIRECTOR.APPROVED ELECTION OF TAN JIONG AS EXECUTIVE DIRECTOR.APPROVED PROPOSAL ON ISSUANCE OF UNDATED ADDITIONAL TIER 1 CAPITAL BONDS.  Full Article

China's ICBC Says Chen Siqing Become The Bank's Chairman From May 20
Monday, 20 May 2019 08:26am EDT 

May 20 (Reuters) - Industrial And Commercial Bank of China Ltd <1398.HK>, <601398.SS>::SAYS CHEN SIQING BECOME THE BANK'S CHAIRMAN FROM MAY 20.  Full Article

Ping An Life Insurance Increases Stake In Industrial And Commercial Bank Of China - HKEx Filing
Monday, 20 May 2019 05:35am EDT 

May 20 (Reuters) - Industrial And Commercial Bank Of China Ltd <1398.HK><601398.SS>::PING AN LIFE INSURANCE COMPANY OF CHINA BUYS 117 MLN H-SHARES IN INDUSTRIAL AND COMMERCIAL BANK OF CHINA LTD <<<1398.HK>>><<<601398.SS>>> AT AN AVERAGE PRICE OF HK$ 5.5488 EACH ON MAY 16 - HKEX FILING.PING AN LIFE INSURANCE COMPANY OF CHINA OWNS 12.07% STAKE IN INDUSTRIAL AND COMMERCIAL BANK OF CHINA LTD AFTER THE TRANSACTION FROM 11.94% PREVIOUSLY - HKEX FILING.  Full Article

ICBC Gets Regulator's Approval To Issue Domestic Preference Shares Worth Up To 70 Bln Yuan
Tuesday, 23 Apr 2019 07:33am EDT 

April 23 (Reuters) - Industrial and Commercial Bank of China Ltd <1398.HK><601398.SS>::SAYS IT GETS BANKING AND INSURANCE REGULATOR'S APPROVAL TO ISSUE DOMESTIC PREFERENCE SHARES WORTH UP TO 70 BILLION YUAN ($10.42 billion).  Full Article

China's ICBC Intends To Issue Additional Tier 1 Capital Bonds Of Up To RMB80 Bln
Wednesday, 3 Apr 2019 04:51am EDT 

April 3 (Reuters) - Industrial And Commercial Bank Of China::INTENDS TO ISSUE UNDATED ADDITIONAL TIER 1 CAPITAL BONDS OF UP TO RMB80 BILLION.  Full Article

Ping An Life Insurance Buys Shares In Chinese Bank ICBC - HKEx Filing
Wednesday, 6 Mar 2019 04:15am EST 

March 6 (Reuters) - Industrial And Commercial Bank Of China Ltd <601398.SS><1398.HK>::PING AN LIFE INSURANCE COMPANY OF CHINA BUYS 21.717 MLN SHARES IN INDUSTRIAL AND COMMERCIAL BANK OF CHINA <<<1398.HK>>> AT AN AVERAGE PRICE OF HK$6.0170 EACH ON MARCH 1 - HKEX FILING.PING AN LIFE INSURANCE COMPANY OF CHINA OWNS 11.01 PERCENT STAKE IN INDUSTRIAL AND COMMERCIAL BANK OF CHINA AFTER THE TRANSACTION FROM 10.98 PERCENT PREVIOUSLY- HKEX FILING.  Full Article

Ping An Of China Asset Management (Hong Kong) Buys H-Shares In ICBC - HKEx Filing
Wednesday, 27 Feb 2019 04:46am EST 

Feb 27 (Reuters) - Industrial and Commercial Bank of China Ltd <601398.SS>, <1398.HK>::PING AN OF CHINA ASSET MANAGEMENT (HONG KONG) COMPANY LIMITED BUYS 17.02 MLN H-SHARES IN ICBC <<<1398.HK>>> AT AN AVERAGE PRICE OF HK$5.9269 EACH ON FEB 22 - HKEX FILING.PING AN OF CHINA ASSET MANAGEMENT (HONG KONG) COMPANY LIMITED OWNS 11.01 PERCENT STAKE IN ICBC AFTER THE TRANSACTION FROM 10.99 PERCENT PREVIOUSLY- HKEX FILING.  Full Article

ICBC Says Yi Huiman Resigns From Chairman Position
Sunday, 27 Jan 2019 03:33am EST 

Jan 27 (Reuters) - Industrial and Commercial Bank of China Ltd <601398.SS><1398.HK>::SAYS CHAIRMAN YI HUIMAN RESIGNS FROM CHAIRMAN POSITION.  Full Article

Industrial And Commercial Bank Of China Updates On Medium Term Note Programme Of Dubai (DIFC) Branch
Friday, 30 Nov 2018 04:37am EST 

Nov 30 (Reuters) - Industrial And Commercial Bank Of China Ltd <601398.SS>::UPDATE OF PROSPECTUS OF MEDIUM TERM NOTE PROGRAMME OF DUBAI (DIFC) BRANCH.MAXIMUM AGGREGATE PRINCIPAL AMOUNT OF MEDIUM TERM NOTE PROGRAMME INCREASED TO USD$6 BILLION FROM USD$4 BILLION.  Full Article

ICBC Posts Q3 Financial Results
Tuesday, 30 Oct 2018 04:34am EDT 

Oct 30 (Reuters) - Industrial and Commercial Bank of China Ltd <1398.HK><601398.SS>::SAYS 9-MONTH NET PROFIT 239.63 BILLION YUAN ($34.43 billion).SAYS NON-PERFORMING LOANS RATIO AT 1.53 PERCENT AT END-SEPT.SAYS CAPITAL ADEQUACY RATIO AT 12.48 PERCENT AT END-SEPT.SAYS NET INTEREST MARGIN AT 2.3 PCT AT END-SEPT.  Full Article

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China Big Five banks post modest profit growth amid loan push

BEIJING/SINGAPORE China's five biggest state-owned banks posted a modest growth in quarterly profit as policymakers pushed them to make more loans, but the results still missed expectations amid the lingering impact of an economic slowdown.