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

1398.HK on Hong Kong Stock

5.80HKD
17 Jun 2019
Change (% chg)

HK$0.06 (+1.05%)
Prev Close
HK$5.74
Open
HK$5.76
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HK$5.82
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HK$5.73
Volume
295,283,294
Avg. Vol
261,054,305
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HK$6.28
52-wk Low
HK$5.10

Latest Key Developments (Source: Significant Developments)

Ping An Asset Management Increases Stake In ICBC To 14.02% - HKEx Filing
Friday, 14 Jun 2019 05:34am EDT 

June 14 (Reuters) - Industrial And Commercial Bank Of China Ltd <601398.SS><1398.HK>::PING AN ASSET MANAGEMENT CO LTD BUYS 92.111 MLN H-SHARES IN INDUSTRIAL AND COMMERCIAL BANK OF CHINA <<<1398.HK>>> AT AN AVERAGE PRICE OF HK$5.7375 EACH ON JUNE 12 - HKEX FILING.PING AN ASSET MANAGEMENT CO LTD OWNS 14.02% IN INDUSTRIAL AND COMMERCIAL BANK OF CHINA AFTER THE TRANSACTION FROM 13.91% PREVIOUSLY- HKEX FILING.  Full Article

ICBC Announces Launch Of 5G Smart Outlet In Suzhou, Jiangsu Province
Tuesday, 11 Jun 2019 05:32am EDT 

June 11 (Reuters) - INDUSTRIAL AND COMMERCIAL BANK OF CHINA <1398.HK>::INDUSTRIAL AND COMMERCIAL BANK OF CHINA ANNOUNCES LAUNCH OF 5G SMART OUTLET IN SUZHOU, JIANGSU PROVINCE.  Full Article

Ping An Asset Management Lifts Stake In ICBC - HKEx Filing
Thursday, 16 May 2019 05:38am EDT 

May 16 (Reuters) - Industrial And Commercial Bank Of China Ltd <1398.HK><601398.SS>::PING AN ASSET MANAGEMENT CO LTD BUYS 108.909 MLN H-SHARES IN INDUSTRIAL AND COMMERCIAL BANK OF CHINA LTD <<<1398.HK>>> AT AN AVERAGE PRICE OF HK$5.4414 EACH ON MAY 14 - HKEX FILING.PING AN ASSET MANAGEMENT CO LTD OWNS 12.05% STAKE IN IN INDUSTRIAL AND COMMERCIAL BANK OF CHINA AFTER THE TRANSACTION FROM 11.92% PREVIOUSLY- HKEX FILING.  Full Article

Industrial And Commercial Bank Of China Says ICBC Technology Officially Commences Business In Hebei Xiongan New Area
Wednesday, 8 May 2019 04:51am EDT 

May 8 (Reuters) - 1398.HK <1398.HK>::ICBC TECHNOLOGY OFFICIALLY COMMENCES BUSINESS IN HEBEI XIONGAN NEW AREA.ICBC TECHNOLOGY HAS A REGISTERED CAPITAL OF RMB600 MILLION.  Full Article

ICBC Announces Q1 Financial Results
Monday, 29 Apr 2019 04:40am EDT 

April 29 (Reuters) - Industrial and Commercial Bank of China Ltd <601398.SS>, <1398.HK>::SAYS NON-PERFORMING LOANS RATIO AT 1.51 PERCENT AT END-MARCH.SAYS Q1 NET PROFIT 82.01 BILLION YUAN ($12.18 billion).SAYS CAPITAL ADEQUACY RATIO AT 12.84 PERCENT AT END-MARCH.  Full Article

ICBC Posts 2018 Financial Results
Thursday, 28 Mar 2019 04:49am EDT 

March 28 (Reuters) - Industrial and Commercial Bank of China Ltd <601398.SS><1398.HK>::SAYS 2018 NET PROFIT 297.68 BILLION YUAN ($44.25 billion).SAYS NON-PERFORMING LOANS RATIO AT 1.52 PERCENT.SAYS NET INTEREST MARGIN AT 2.30 PERCENT.SAYS CAPITAL ADEQUACY RATIO AT 12.98 PERCENT.  Full Article

ICBC Reports 2018 Financial Results
Thursday, 28 Mar 2019 04:47am EDT 

March 28 (Reuters) - Industrial and Commercial Bank of China Ltd <601398.SS><1398.HK>::SAYS NET INTEREST MARGIN AT 2.30 PERCENT.SAYS CAPITAL ADEQUACY RATIO AT 12.98 PERCENT.SAYS 2018 NET PROFIT 297.68 BILLION YUAN ($44.25 billion).SAYS NON-PERFORMING LOANS RATIO AT 1.52 PERCENT.  Full Article

Ping An Asset Management Buys H-Shares In ICBC - HKEx Filing
Thursday, 24 Jan 2019 04:19am EST 

Jan 24 (Reuters) - Industrial And Commercial Bank Of China Ltd <601398.SS>, <1398.HK>::PING AN ASSET MANAGEMENT CO LTD BUYS 20.031 MLN H-SHARES IN INDUSTRIAL AND COMMERCIAL BANK OF CHINA LTD <<<1398.HK>>> AT AN AVERAGE PRICE OF HK$5.8151 EACH ON JAN 22 - HKEX FILING.PING AN ASSET MANAGEMENT CO LTD NOW OWNS 11.01 PERCENT STAKE IN INDUSTRIAL AND COMMERCIAL BANK OF CHINA LTD AFTER THE TRANSACTION FROM 10.99 PERCENT PREVIOUSLY - HKEX FILING.  Full Article

China's HNA Group Seeks To Sell Passenger Aircraft Ordered From Airbus To Leasing Firms -Bloomberg, Citing Unnamed Sources
Wednesday, 31 Oct 2018 02:59am EDT 

Oct 31 (Reuters) - :CHINA'S HNA GROUP SEEKS TO SELL PASSENGER AIRCRAFT ORDERED FROM AIRBUS TO LEASING FIRMS -BLOOMBERG, CITING UNNAMED SOURCES.CHINA'S HNA GROUP IN CONTACT WITH LEASING ARMS OF ICBC, CHINA MINSHENG BANK FOR AT LEAST 10 OF HNA'S AIRBUS PLANE ORDERS -BLOOMBERG, CITING UNNAMED SOURCES.  Full Article

Industrial And Commercial Bank Of China Gets Approval To Establish Representative Office In Vietnam
Monday, 29 Oct 2018 06:05am EDT 

Oct 29 (Reuters) - 1398.HK <1398.HK>::INDUSTRIAL AND COMMERCIAL BANK OF CHINA ANNOUNCES APPROVAL OF ESTABLISHMENT OF A REPRESENTATIVE OFFICE IN VIETNAM.GETS APPROVAL FROM STATE BANK OF VIETNAM TO ESTABLISH HO CHI MINH CITY REPRESENTATIVE OFFICE.  Full Article

China watchdog investigating ICBC's Shanghai branch boss

BEIJING, June 6 The head of the Shanghai branch of Industrial and Commercial Bank of China Ltd is under investigation for "suspected serious disciplinary violations", China's Central Commission for Discipline Inspection (CCDI) said in a statement.