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

HKSE - HKSE Delayed Price. Currency in HKD
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4.560+0.030 (+0.66%)
At close: 04:08PM HKT
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Previous Close4.530
Open4.550
Bid4.560 x 0
Ask4.570 x 0
Day's Range4.510 - 4.600
52 Week Range4.080 - 4.950
Volume172,806,844
Avg. Volume172,886,933
Market Cap1.915T
Beta (5Y Monthly)0.51
PE Ratio (TTM)4.74
EPS (TTM)0.961
Earnings DateN/A
Forward Dividend & Yield0.36 (8.00%)
Ex-Dividend DateJul 04, 2022
1y Target Est6.18
  • Reuters

    China approves ICBC-Goldman JV to start offering wealth services

    The China Banking and Insurance Regulatory Commission's (CBIRC) nod comes as the world's second-largest economy opens up its giant financial sector to investments from foreign players, allowing them to collaborate with domestic banks. Goldman Sachs ICBC Wealth Management, set up in May last year with a 51% funding contribution from U.S. banking giant Goldman and 49% by ICBC, will now offer a broad range of investment products to the Chinese market over time, including quantitative investment strategies.

  • Reuters

    In Zimbabwe, coal power project seeks other backing after China's U-turn

    A Zimbabwean company that had been banking on Chinese financing to build a major coal-fired power plant says it is now looking for alternative backers as China pulls back on funding such projects overseas. The effort by RioZim Ltd, one of Zimbabwe's biggest mining and energy companies, reflects how China's recent U-turn on foreign coal financing is forcing developing nations across Africa and Asia to rethink their energy plans. China, which had been a top funder of coal power projects around the globe, announced in September it would not build new coal projects abroad as part of efforts to curb future carbon emissions.

  • Reuters

    INSIGHT- In Zimbabwe, coal power project seeks other backing after China's U-turn

    A Zimbabwean company that had been banking on Chinese financing to build a major coal-fired power plant says it is now looking for alternative backers as China pulls back on funding such projects overseas. The effort by RioZim Ltd, one of Zimbabwe's biggest mining and energy companies, reflects how China's recent U-turn on foreign coal financing is forcing developing nations across Africa and Asia to rethink their energy plans. China, which had been a top funder of coal power projects around the globe, announced in September it would not build new coal projects abroad as part of efforts to curb future carbon emissions.