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

HKSE - HKSE Delayed Price. Currency in HKD
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4.320-0.040 (-0.92%)
At close: 04:08PM HKT
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Previous Close4.360
Open4.340
Bid4.320 x 0
Ask4.330 x 0
Day's Range4.260 - 4.350
52 Week Range3.350 - 4.800
Volume299,327,041
Avg. Volume324,541,875
Market Cap2.001T
Beta (5Y Monthly)0.31
PE Ratio (TTM)4.11
EPS (TTM)1.050
Earnings DateAug 28, 2024 - Sept 02, 2024
Forward Dividend & Yield0.33 (7.51%)
Ex-Dividend DateJul 08, 2024
1y Target Est5.17
  • South China Morning Post

    Singapore's Temasek trims stake in ICBC as China's slumping property market dents state lenders' profits

    Temasek Holdings, Singapore's sovereign wealth fund, cut its stake in the Industrial and Commercial Bank of China (ICBC) twice in one day last week, reducing its share of the lender to less than 5 per cent. The state investor first trimmed its allocation in China's biggest bank by selling 825 million H-shares at an average price of HK$4.7 each on May 27, taking its stake from 6.01 per cent to 5.06 per cent, AA Stocks reported on Tuesday. This was followed by a further cut of HK$408 million on th

  • Reuters

    China's Big Five lenders post shrinking margins, warn of property risks

    Five of China's largest lenders have posted shrinking net interest margins (NIM), while warning of ongoing property sector risks. Amid a slowing economy, China's lenders are under pressure to reduce interest rates on the loans they make to bolster flagging sectors as demand for lending falls. On Thursday, China Construction Bank Corp (CCB), Bank of China (BoC) and Agricultural Bank of China (AgBank) all reported sliding margins - a key gauge of profitability - in their annual results.

  • Reuters

    ICBC to pay $32.4 million to US regulators over AML lapses, supervisory information disclosure

    The Industrial and Commercial Bank of China Ltd and its New York branch will pay $32.4 million in penalties for the unauthorized use and disclosure of confidential supervisory information, the Federal Reserve announced Friday. The Fed said the joint action, taken with New York's Department of Financial Services (NYDFS), came after the bank disclosed information to a third party without regulatory approval. In a separate statement, NYDFS said an ICBC employee disclosed that supervisory information to a foreign regulator.