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

1398.HK on Hong Kong Stock

5.52HKD
17 May 2019
Change (% chg)

HK$-0.03 (-0.54%)
Prev Close
HK$5.55
Open
HK$5.59
Day's High
HK$5.59
Day's Low
HK$5.51
Volume
331,401,502
Avg. Vol
235,895,426
52-wk High
HK$6.93
52-wk Low
HK$5.10

About

INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED is a China-based company principally engaged in the provision of banking and related financial services. The Bank mainly operates three segments, including Corporate Banking segment, Personal Banking segment and Treasury segment. The Corporate Banking segment provides loan, trade... (more)

Overall

Beta: 1.21
Market Cap(Mil.): HK$2,452,536.00
Shares Outstanding(Mil.): 356,406.31
Dividend: 0.27
Yield (%): 4.19

Financials

  1398.HK Industry Sector
P/E (TTM): 7.06 18.97 19.18
EPS (TTM): 0.90 -- --
ROI: -- 0.00 0.47
ROE: 14.89 16.05 15.38

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.

Apr 30 2019

UPDATE 1-Top China bank ICBC, the world's largest, posts 4.1 pct Q1 profit rise

* Two brokerages expected an avg 4.3 pct rise in ICBC Q1 profit

Apr 29 2019

Breakingviews - Not all Chinese bank borrowers are made equal

HONG KONG (Reuters Breakingviews) - Giant lenders like the $290 billion Industrial and Commercial Bank of China are ramping up loans to small businesses at the behest of Beijing. That will check their bias towards large state-owned enterprises. But it ignores perverse incentives at work within the banks and it is a misguided way to stimulate private investment.

Mar 31 2019

Breakingviews - Not all Chinese bank borrowers are made equal

HONG KONG (Reuters Breakingviews) - Giant lenders like the $290 billion Industrial and Commercial Bank of China are ramping up loans to small businesses at the behest of Beijing. That will check their bias towards large state-owned enterprises. But it ignores perverse incentives at work within the banks and it is a misguided way to stimulate private investment.

Mar 31 2019

China's ICBC says paying special attention to market risks

BEIJING, March 28 Industrial and Commercial Bank of China (ICBC) , the country's biggest listed lender by assets, is paying special attention to market risks, its president Gu Shu said on Thursday.

Mar 28 2019

UPDATE 1-China's top bank ICBC posts flat quarterly profit as economy slows

* Net interest margin at 2.30 pct end-Dec, unchanged from end-Sept

Mar 28 2019

China's top bank ICBC reports flat Q4 profit

SINGAPORE/HONG KONG, March 28Industrial and Commercial Bank of China Ltd (ICBC) , the country's biggest commercial bank, said on Thursday its fourth-quarter net profit stayed flat from a year ago amid a slowing economy.

Mar 28 2019

China's ICBC to issue $8.20 bln of tier-two bonds next week - sources

BEIJING/SHANGHAI, March 13 Industrial and Commercial Bank of China (ICBC) plans to issue 55 billion yuan ($8.20 billion) worth of tier-two bonds next week to replenish capital, three sources with knowledge of the matter told Reuters.

Mar 13 2019

China's ICBC wins approval to set up wealth management unit

BEIJING Industrial and Commercial Bank of China (ICBC), the country's biggest-listed lender by assets, has won approval to set up a wealth management unit, China's banking and insurance regulator said on Sunday.

Feb 17 2019

China's ICBC wins approval to set up wealth management unit

BEIJING, Feb 17 Industrial and Commercial Bank of China (ICBC) , the country's biggest-listed lender by assets, has won approval to set up a wealth management unit, China's banking and insurance regulator said on Sunday.

Feb 17 2019

Earnings vs. Estimates