1398.HK - ICBC

HKSE - HKSE Delayed Price. Currency in HKD
6.240
+0.120 (+1.961%)
As of 11:59AM HKT. Market open.
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Previous Close6.120
Open6.140
Bid6.230 x 0
Ask6.240 x 0
Day's Range6.100 - 6.250
52 Week Range4.450 - 6.480
Volume225,865,094
Avg. Volume306,555,559
Market Cap2.16T
Beta1.58
PE Ratio (TTM)7.29
EPS (TTM)0.856
Earnings DateN/A
Forward Dividend & Yield0.00 (0.00%)
Ex-Dividend Date2016-06-29
1y Target Est6.77
  • Reuters4 days ago

    China's Huishan Dairy tells lawyers to ready for liquidation

    SHANGHAI/BEIJING (Reuters) - China Huishan Dairy Holdings Co Ltd , struggling under billions of dollars worth of debt, is preparing for provisional liquidation in a legal escalation of one of the most spectacular collapses of a Hong Kong-listed firm in recent years. The move comes as creditors in China and offshore jostle for position to get their money back from the firm, whose debts totalled at least 38 billion yuan (£4.3 billion) at the end of July, according to a work-out plan seen by Reuters. Hong Kong-based restructuring lawyers said the move by Huishan to file for provisional liquidation could actually help give it "breathing room" against creditors and in theory allow it more sway to choose an outside party to take on the role.

  • MarketWatch15 days ago

    Hong Kong stocks slip on China economic worries; Nikkei pares gain

    Stock markets were broadly lower in Asia on Monday, with Hong Kong lagging behind the region as China-related firms pulled back.

  • Big Four China Banks Post Double-Digit Gains in Loan Income
    Bloomberg22 days ago

    Big Four China Banks Post Double-Digit Gains in Loan Income

    China’s largest banks posted double-digit increases in lending income in the third quarter, validating some of the earnings optimism that has fueled a rally in their shares this year.

  • Bloomberg22 days ago

    China's Largest Bank Posts Profit Gain on Lending Income

    Industrial & Commercial Bank of China Ltd., the world’s largest lender by assets, reported a 3.3 percent gain in third-quarter profit as lending income jumped.

  • ICBC Quarterly Profit Rises 2.3% as Chinese Bank Curbs Bad Loans
    Bloomberg3 months ago

    ICBC Quarterly Profit Rises 2.3% as Chinese Bank Curbs Bad Loans

    Industrial & Commercial Bank of China Ltd., the world’s largest lender by assets, reported a 2.3 percent gain in second-quarter profit as it reined in bad loans.

  • Newsfile4 months ago

    Peak Subsidiary ASDS Signs Definitive Agreement with Balang Technologies to Add 40,000+ SMEs to Cubeler Platform

    Montreal, Quebec--(Newsfile Corp. - August 4, 2017) - Peak Positioning Technologies Inc. (CSE: PKK) ("Peak" or the "Company") today announced that its subsidiary, Asia Synergy Data Solutions ("ASDS"), which operates the Cubeler fintech commercial lending platform in China, has signed a definitive agreement with Balang Technology Ltd. ("Balang") that would bring over 40,000 small and medium sized enterprise (SME) loan candidates to the Cubeler platform.This agreement follows the memorandum of understanding announced on July ...

  • Newsfile5 months ago

    Peak Subsidiary ASDS Signs MOU to Add 40,000+ SMEs to Cubeler Platform

    Montreal, Quebec--(Newsfile Corp. - July 7, 2017) - Peak Positioning Technologies Inc. (CSE: PKK) ("Peak" or the "Company") today announced that its subsidiary, Asia Synergy Data Solutions ("ASDS"), which operates the Cubeler fintech commercial lending platform in China, has signed a memorandum of understanding (MOU) with Balang Technology Ltd. ("Balang") that would bring over 40,000 small and medium sized enterprise (SME) loan candidates to the Cubeler platform.Balang (balangtechnology.com) has an exclusive agreement with the ...

  • How China’s Biggest Bank Became Wall Street’s Go-To Shadow Lender
    Bloomberg6 months ago

    How China’s Biggest Bank Became Wall Street’s Go-To Shadow Lender

    High up in a New York City skyscraper, China’s biggest bank is playing in the shadows of American finance.

  • Reuters6 months ago

    Blacksands Pacific chief executive charged with $300 mln fraud

    A dual Nigerian and British national has been charged with defrauding financial institutions out of more than $300 million by falsely representing his company as a thriving international oil and gas venture to obtain loans. Raheem Brennerman, chief executive officer of Blacksands Pacific Group Inc, was charged with bank fraud, wire fraud and conspiracy in an indictment unsealed Thursday in a federal court in New York. Federal prosecutors said he used ill-gotten loans to pay for a condominium in Las Vegas, travel, jewelry, clothes and spa treatments.

  • Chinese Tycoons Plant Money Management Flags on Wall Street
    Bloomberg6 months ago

    Chinese Tycoons Plant Money Management Flags on Wall Street

    When a new hedge fund opened in Mountainside, New Jersey, a leafy suburb that still holds an annual little-league parade, few would have guessed where much of its funding came from: Chinese billionaire ...

  • China's Army of Bank Tellers Retreats
    Bloomberg8 months ago

    China's Army of Bank Tellers Retreats

    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 ...

  • Biggest China Banks' Bad-Loan Problem May Finally Be Easing
    Bloomberg8 months ago

    Biggest China Banks' Bad-Loan Problem May Finally Be Easing

    The bad-loan challenge for China’s biggest banks, which worsened steadily over much of the first half of the decade, may finally be easing.

  • Reuters8 months ago

    China's ICBC posts decade-low profit growth; bankers pledge more help on debt

    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.

  • TheStreet.com8 months ago

    China's Largest Commercial Bank Hires Former FDIC Head as Independent Director

    Sheila Bair also serves as an independent director on the boards of Host Hotels & Resorts and Thomson Reuters.

  • China's ICBC appoints former FDIC chief Bair as independent director
    Reuters8 months ago

    China's ICBC appoints former FDIC chief Bair as independent director

    Industrial and Commercial Bank of China Ltd (1398.HK) (ICBC) has appointed Sheila Bair, the former head of the U.S. Federal Deposit Insurance Corporation (FDIC), as an independent non-executive director. ICBC, the country's biggest commercial bank, announced Bair's appointment in a stock exchange notice on Monday, stating that her election was approved by China's banking regulator.

  • Trump's U.S. jobs push may open doors to China in Mexico: ICBC bank
    Reuters8 months ago

    Trump's U.S. jobs push may open doors to China in Mexico: ICBC bank

    U.S. President Donald Trump's push to force U.S. industry to bring jobs home is opening investment avenues for Chinese companies in Mexico, an executive with Industrial and Commercial Bank of China (ICBC), the country's largest lender, said on Friday. Fears of a hit to foreign investment ran high when Ford Motor Co (F.N) canceled a $1.6 billion plant in Mexico's central state of San Luis Potosi in January.

  • And here's Trump's conflict of interest with the Chinese government...
    Business Insiderlast year

    And here's Trump's conflict of interest with the Chinese government...

    The list of business dealings that could affect a Trump presidency is growing, fast. Over the...