Previous close | 0.5334 |
Open | 0.5344 |
Bid | 0.5354 x 0 |
Ask | 0.5550 x 0 |
Day's range | 0.5344 - 0.5412 |
52-week range | 0.3889 - 0.5584 |
Volume | |
Avg. volume | 77 |
Market cap | N/A |
Beta (5Y monthly) | N/A |
PE ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings date | 28 Aug 2024 - 02 Sept 2024 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
(Bloomberg) -- Kweichow Moutai Co. has lost its spot as China’s most valuable onshore stock to Industrial and Commercial Bank of China Ltd., as the baijiu maker grapples with tumbling wholesale prices.Most Read from BloombergAt Blackstone’s $339 Billion Property Arm, the Honeymoon Is OverCar Dealers Reel From Cyberattack on $1.2 Trillion MarketCDK Tells Car Dealers Their Systems Will Likely Be Down for DaysUnited Airlines Jet Turns Back After Engine Piece Falls OffCar Dealerships Across US Halt
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.
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.