1398.HK - Industrial and Commercial Bank of China Limited

HKSE - HKSE Delayed Price. Currency in HKD
5.530
+0.010 (+0.18%)
As of 1:02PM HKT. Market open.
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Previous Close5.520
Open5.520
Bid5.520 x 0
Ask5.530 x 0
Day's Range5.500 - 5.550
52 Week Range5.100 - 6.850
Volume184,607,322
Avg. Volume230,488,890
Market Cap1.995T
Beta (3Y Monthly)1.07
PE Ratio (TTM)5.92
EPS (TTM)0.934
Earnings DateN/A
Forward Dividend & Yield0.29 (4.97%)
Ex-Dividend Date2019-06-25
1y Target Est7.53
  • Investors Who Bought Industrial and Commercial Bank of China (HKG:1398) Shares Three Years Ago Are Now Up 43%
    Simply Wall St.4 hours ago

    Investors Who Bought Industrial and Commercial Bank of China (HKG:1398) Shares Three Years Ago Are Now Up 43%

    By buying an index fund, investors can approximate the average market return. But if you choose individual stocks with...

  • Tencent, Alibaba, Xiaomi units win Hong Kong online banking license
    Reuters11 days ago

    Tencent, Alibaba, Xiaomi units win Hong Kong online banking license

    Hong Kong's banking regulator has issued four more online-only banking licenses to units of Alibaba, PingAn and smartphone maker Xiaomi, as well as to a JV involving Tencent, ICBC and Hillhouse Capital. The introduction of online-only banking has the potential to be the biggest shake-up in years in the city's retail banking sector dominated by old-guard lenders such as HSBC, Standard Chartered and a slew of Chinese banks.

  • Reuters11 days ago

    Tencent, Alibaba, Xiaomi units win Hong Kong online banking licence

    Hong Kong's banking regulator has issued four more online-only banking licences to units of Alibaba, PingAn and smartphone maker Xiaomi, as well as to a JV involving Tencent, ICBC and Hillhouse Capital. The introduction of online-only banking has the potential to be the biggest shake-up in years in the city's retail banking sector dominated by old-guard lenders such as HSBC, Standard Chartered and a slew of Chinese banks.

  • Reuters20 days ago

    China Big Five banks post modest profit growth amid loan push

    BEIJING/SINGAPORE (Reuters) - 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. Net profits at the country's so-called Big Five banks, led by Industrial and Commercial Bank of China Ltd (ICBC), grew by more than 4 percent in the January-March quarter from a year earlier. The gain comes on the heels of disappointing 2018 fourth quarter when four of the five turned in their weakest profit growth in more than two years as business activity slowed and they sharply increased provisions for bad loans.

  • Reuters20 days ago

    China's big banks post modest first-quarter profit growth

    BEIJING/SINGAPORE(Reuters) - China's five largest state-owned banks posted modest first-quarter profit growth, though slightly below expectations, as policymakers pushed lenders to make more loans to support the slowing economy. Net profits at the country's so-called Big Five banks, led by Industrial and Commercial Bank of China Ltd (ICBC), grew by more than 4 percent in the January-March quarter from a year earlier. The gain comes on the heels of disappointing 2018 fourth-quarter results that saw four of the five lenders posting their weakest quarterly profit growth in more than two years as business activity slowed and they sharply increased provisions for bad loans.

  • Reuters21 days ago

    Top China bank ICBC, the world's largest, posts 4.1 percent first-quarter profit rise

    SINGAPORE/BEIJING (Reuters) - Industrial and Commercial Bank of China Ltd (ICBC), the world's biggest commercial lender by assets, posted a 4.1 percent rise in profit for the three months ended March, its fastest growth for the period since 2014. Profit was 82.01 billion yuan (£9.4 billion) for the first quarter, compared with 78.80 billion yuan in the same period a year earlier, the bank said in a filing on Monday. The results from China's biggest commercial lender indicate early signs of profit and asset-quality recovery amid optimism the world's No.2 economy may be starting to stabilise after Beijing ramped up fiscal stimulus this year.

  • What Should We Expect From Industrial and Commercial Bank of China Limited's (HKG:1398) Earnings Over The Next Few Years?
    Simply Wall St.27 days ago

    What Should We Expect From Industrial and Commercial Bank of China Limited's (HKG:1398) Earnings Over The Next Few Years?

    Industrial and Commercial Bank of China Limited's (HKG:1398) announced its latest earnings update in December 2018, which showed that the company gained from a smal...

  • Reuters28 days ago

    MOVES-China picks BoC boss Chen Siqing to head top bank ICBC - sources

    SINGAPORE/BEIJING, April 22 (Reuters) - China has tapped veteran banker Chen Siqing to lead Industrial and Commercial Bank of China Ltd (ICBC), the world's largest lender by assets, three sources with knowledge of the matter told Reuters on Monday. Chen's upcoming appointment as ICBC's chairman has been revealed to a group of senior executives but has not been announced internally to all staff, said the sources, who declined to be named as the matter was confidential. Chen, who has served as chairman of Bank of China since August 2017, is one of the country's most experienced banking executives.

  • China Names Chen Siqing to Head World's Largest Bank
    Bloomberg28 days ago

    China Names Chen Siqing to Head World's Largest Bank

    Chen Siqing, chairman of Bank of China Ltd., was appointed as party secretary of Beijing-based ICBC at an internal meeting on Monday, the people said, asking not to be identified as the matter is private. Chen is replacing Yi Huiman, who became chairman of the China Securities Regulatory Commission, the country’s top securities regulator, in January.

  • Is Industrial and Commercial Bank of China Limited's (HKG:1398) CEO Paid At A Competitive Rate?
    Simply Wall St.2 months ago

    Is Industrial and Commercial Bank of China Limited's (HKG:1398) CEO Paid At A Competitive Rate?

    Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! Shu Gu is the CEO of Industrial and Commercial Bank of China Limited (HKG:1398). First, this article will compare...

  • Reuters2 months ago

    China's top banks warn of 'fragile' bad loans scenario as economy slows

    BEIJING/HONG KONG (Reuters) - China's top four state-controlled banks warned bad loans could rise and interest margins would shrink industry-wide, as three of them posted their weakest quarterly profit growth in more than two years. Top lender Industrial and Commercial Bank of China (ICBC) reported flat net profit of 58.05 billion yuan ($8.63 billion) for the fourth quarter, the first time it has seen no growth in a quarter since the July-September 2016 quarter. Agricultural Bank of China Ltd (AgBank), the third-largest lender, also posted a drop of 5.4 percent on Friday in fourth-quarter net profit, its first quarterly decline since 2015.

  • Industrial and Commercial Bank of China Limited (HKG:1398): What Does The Future Look Like?
    Simply Wall St.2 months ago

    Industrial and Commercial Bank of China Limited (HKG:1398): What Does The Future Look Like?

    Since Industrial and Commercial Bank of China Limited (HKG:1398) released its earnings in September 2018, it seems that analyst forecasts are fairly optimistic, as a 6.7% increase in profits isRead More...

  • Reuters3 months ago

    BRIEF-Tsinghua Tongfang Shareholder ICBC Credit Suisse's Portfolio Unloads Shares In The Company

    March 1 (Reuters) - Tsinghuatongfang Co Ltd: * SAYS SHAREHOLDER ICBC CREDIT SUISSE ASSET MANAGEMENT'S PORTFOLIO HAS UNLOADED 59.3 MILLION SHARES, OR 2 PERCENT STAKE, IN THE COMPANY ON FEB 27 * SAYS SHAREHOLDER ...

  • Reuters3 months ago

    BRIEF-Tsinghua Tongfang's Shareholder ICBC Credit Suisse's Portfolio To Cut Stake In The Company

    Feb 20 (Reuters) - Tsinghuatongfang Co Ltd: * SAYS SHAREHOLDER ICBC CREDIT SUISSE INVESTMENT MANAGEMENT CO LTD'S PORTFOLIO PLANS TO UNLOAD UP TO 2 PERCENT STAKE IN THE COMPANY WITHIN SIX MONTHS Source ...

  • Is Now An Opportune Moment To Examine Industrial and Commercial Bank of China Limited (HKG:1398)?
    Simply Wall St.3 months ago

    Is Now An Opportune Moment To Examine Industrial and Commercial Bank of China Limited (HKG:1398)?

    Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! Let's talk about the popular Industrial andRead More...

  • Reuters4 months ago

    China names banking veteran to head securities regulator amid shaky markets

    SHANGHAI/HONG KONG, Jan 26 (Reuters) - China has appointed banking veteran Yi Huiman to head the China Securities Regulatory Commission (CSRC), putting governance of the nation's stock markets in his hands at a time when investor confidence has been hit by a slowing economy and U.S. tariffs. Yi, 54, currently chairman of the Industrial and Commercial Bank of China (ICBC) , will take over from Liu Shiyu as the CSRC's party secretary and chairman, state news agency Xinhua reported on Saturday.

  • Reuters4 months ago

    BRIEF-Industrial And Commercial Bank Of China To Boost ICBC Asia's Capital By $1.0 Billion

    Jan 11 (Reuters) - Industrial And Commercial Bank Of China Ltd: * SAYS IT PLANS TO BOOST ICBC ASIA'S CAPITAL BY $1.0 BILLION Source text in Chinese: https://bit.ly/2snjymM Further company coverage: (Reporting ...

  • Reuters4 months ago

    ICBC leads Asian jet lessor buying spree - sources

    Asian-controlled leasing companies splashed out on passenger jets worth $25 billion at list prices to pick out bargains as planemakers Airbus (AIR.PA) and Boeing (BA.N) raced to end a relatively quiet year with fresh orders. The deals for over 200 jets are expected to show up in end-year tallies from U.S. group Boeing and European rival Airbus this week, providing clues on how far trade tensions and economic uncertainty are dampening an already slowing aircraft market. China's ICBC Financial Leasing has firmed up an order for 80 Airbus A320-family jets worth $8.8 billion at list prices, industry sources said on Monday.

  • ICBC leads Asian jet lessor buying spree: sources
    Reuters4 months ago

    ICBC leads Asian jet lessor buying spree: sources

    Asian-controlled leasing companies splashed out on passenger jets worth $25 billion at list prices to pick out bargains as planemakers Airbus (AIR.PA) and Boeing (BA.N) raced to end a relatively quiet year with fresh orders. The deals for over 200 jets are expected to show up in end-year tallies from U.S. group Boeing and European rival Airbus this week, providing clues on how far trade tensions and economic uncertainty are dampening an already slowing aircraft market. China's ICBC Financial Leasing has firmed up an order for 80 Airbus A320-family jets worth $8.8 billion at list prices, industry sources said on Monday.

  • Why These Fundamentals Make Industrial and Commercial Bank of China Limited’s (HKG:1398) More Attractive
    Simply Wall St.5 months ago

    Why These Fundamentals Make Industrial and Commercial Bank of China Limited’s (HKG:1398) More Attractive

    As a large-cap stock with market capitalization of HK$2.1t, Industrial and Commercial Bank of China Limited (HKG:1398) falls into the category of a major bank. As these large financial institutions Read More...

  • Reuters6 months ago

    BRIEF-Jilin Province Huinan Changlong Bio-Pharmacy Updates On Purchase Of ICBC Wealth Management Product

    Nov 29 (Reuters) - Jilin Province Huinan Changlong Bio-pharmacy Co Ltd: * CO PURCHASED ICBC WEALTH MANAGEMENT PRODUCT ON AGGREGATED BASIS WITH PRINCIPAL AMOUNT OF RMB130 MILLION Source text for Eikon: ...

  • Reuters6 months ago

    BRIEF-Shanghai Exchange Filing Shows Block Trade Of ICBC's A-Shares Involving 1.11 Bln Yuan On Nov 21

    Nov 21 (Reuters) - Shanghai Stock Exchange: * SHANGHAI STOCK EXCHANGE FILING SHOWS BLOCK TRADE OF INDUSTRIAL AND COMMERCIAL BANK OF CHINA'S 207.69 MILLION A-SHARES INVOLVING 1.11 BILLION YUAN ($160.01 ...