- The Wall Street Journal•20 days ago
Big Chinese banks are lending record volumes abroad in a bid to tap new growth, helped by state-backed ambitions to build infrastructure around the world.
- Bloomberg•24 days ago
Total headcount at China’s four largest banks fell in 2016 for the first time in six years, as the lenders cut costs and tried to adapt their massive branch networks in the face of competition from online ...
- Reuters•last month
SHANGHAI/BEIJING, March 30 (Reuters) - The world's largest lender, Industrial and Commercial Bank of China (ICBC) , reported its slowest rate of annual profit growth in more than a decade on Thursday, and China's bankers pledged to do more to help borrowers struggling with debt. ICBC's results came after three other leading Chinese banks posted modest profit growth for last year, as they battle the lowest net interest margins since at least 2011 amid a slowing economy. ICBC's 2016 net profit - of 278.25 billion yuan ($40.39 billion) - rose just 0.4 percent, a far cry from the 66 percent jump in annual profit it reported a decade ago.
1398.HK : Summary for ICBC - Yahoo Finance
Industrial and Commercial Bank of China Limited (1398.HK)
HKSE - HKSE Delayed Price. Currency in HKD
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|Day's Range||5.07 - 5.13|
|52 Week Range||3.82 - 5.27|
|PE Ratio (TTM)||5.94|
|Dividend & Yield||0.04 (5.35%)|
|1y Target Est||N/A|