|Bid||5.510 x 0|
|Ask||5.520 x 0|
|Day's range||5.500 - 5.550|
|52-week range||5.100 - 7.640|
|Beta (3Y monthly)||1.21|
|PE ratio (TTM)||5.83|
|Forward dividend & yield||0.29 (5.30%)|
|1y target est||7.59|
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...
Industrial & Commercial Bank of China Ltd. had been marketing three-year and five-year floating-rate notes through its New York branch, then decided not to proceed with pricing, according to people familiar with the matter. ICBC’s securities were aimed at buyers in the U.S., where investor sentiment toward investment-grade credit has been shifting thanks to worries over a slowdown in growth amid Federal Reserve policy tightening. China’s sovereign offering last month also saw diminished American demand demand as trade tensions escalated.
This analysis is intended to introduce important early concepts to people who are starting to invest and want to start learning about core concepts of fundamental analysis on practical examples Read More...
Industrial & Commercial Bank of China Ltd. posted its fastest profit growth since September 2014 as margins and asset quality improved, but flagged challenging times ahead as the trade war with the U.S. intensifies. Net income at the world’s largest lender by assets rose 5.8 percent to 81.6 billion yuan ($11.9 billion) in the quarter ended June from a year earlier, according to an exchange filing Thursday, broadly in line with estimates. China’s five biggest banks have all reported profit growth of at least 5 percent for the latest quarter, and escaped the surge in bad loans that swamped smaller lenders.
Industrial and Commercial Bank of China Limited (HKG:1398) is a stock with outstanding fundamental characteristics. When we build an investment case, we need to look at the stock with aRead More...
HONG KONG, Aug 15, 2018 - (Media OutReach) - The ICBC (Asia) e-Sports & Music Festival Hong Kong (EMFHK) returns this summer with professional gamers competing for glory at three international e-sports ...
Large banks such as Industrial and Commercial Bank of China Limited (HKG:1398), with a market capitalisation of HK$2.39t, have benefited from improving credit quality as a result of post-GFC recovery,Read More...
Sino Land, China Overseas Land & Investment, and Industrial and Commercial Bank of China have one big thing in common. They are on my list of the best dividend stocksRead More...
China’s biggest banks are set for a boost in valuations as analysts expect a strengthening economy will fuel loan demand and margins.
Estonian National Symphony Orchestra and Estonian National Male Choir Chairman and Executive Director of ICBC (Asia) Gao Ming (the fifth from left) and the ICBC (Asia) management team proposed a toast ...