Industrial and Commercial Bank of China Limited (601398.SS)
| Previous Close | 5.38 |
| Open | 5.39 |
| Bid | 5.40 x 0 |
| Ask | 5.41 x 0 |
| Day's Range | 5.38 - 5.42 |
| 52 Week Range | 4.52 - 5.64 |
| Volume | |
| Avg. Volume | 295,334,555 |
| Market Cap | 1.819T |
| Beta (5Y Monthly) | 0.32 |
| PE Ratio (TTM) | 5.57 |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | 0.30 (5.62%) |
| Ex-Dividend Date | Jul 17, 2023 |
| 1y Target Est | N/A |
- Bloomberg
UBS Dials Back China Fund Plans on High Costs, Grim Outlook
(Bloomberg) -- UBS Group AG is postponing plans to build its own mutual fund business in mainland China due to high costs and a dim profit outlook, people familiar with the matter said.Most Read from BloombergRay Dalio’s Famous Trade Is Sputtering, Investors BailingTrump Has Only $6.8 Million for Legal Fees With Trial UnderwayElon Musk’s Robotaxi Dreams Plunge Tesla Into ChaosZimbabwe’s ZiG Wipes Out 330% Stocks RallyApple’s China iPhone Sales Dive 19% in Worst Quarter Since 2020The Swiss bank w
- 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.
