|Bid||6.030 x 0|
|Ask||6.040 x 0|
|Day's range||6.000 - 6.070|
|52-week range||4.830 - 7.640|
|PE ratio (TTM)||6.37|
|Forward dividend & yield||0.30 (5.00%)|
|1y target est||8.63|
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...
, which is battling a shareholder attempt to remove its board, has agreed to provide a last minute bridge loan to a Hong Kong iron ore company in which it owns a 31 per cent stake. The London-listed company said it would provide $29.75m to IRC to enable it to meet a June payment on a loan to ICBC, which was used to fund a mine near the border of China. Petropavlovsk also said it is in “advanced” talks with a major Russian bank to refinance the entire $340m project loan.
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 ...
Industrial & Commercial Bank of China Ltd. said it’s teaming up with the finance unit of Internet retailer JD.com Inc. to offer digital banking services.
China’s largest banks posted double-digit increases in lending income in the third quarter, validating some of the earnings optimism that has fueled a rally in their shares this year.