Edition:
India

Industrial and Commercial Bank of China Ltd (601398.SS)

601398.SS on Shanghai Stock Exchange

7.46CNY
8:59am IST
Change (% chg)

¥-0.03 (-0.40%)
Prev Close
¥7.49
Open
¥7.49
Day's High
¥7.66
Day's Low
¥7.37
Volume
253,859,171
Avg. Vol
255,140,650
52-wk High
¥7.66
52-wk Low
¥4.51

Latest Key Developments (Source: Significant Developments)

Industrial And Commercial Bank Of China Board Approves Certain Proposals In Meeting
Friday, 12 Jan 2018 

Jan 12 (Reuters) - Industrial And Commercial Bank Of China <1398.HK>::BOARD CONSIDERED AND APPROVED PROPOSAL ON FIXED ASSET INVESTMENT BUDGET FOR 2018.CONSIDERED AND APPROVED PROPOSAL ON STRATEGIC DEVELOPMENT PLAN OF ICBC FOR 2018–2020‍​.  Full Article

Industrial and Commercial Bank Of China Receives Regulatory Approval For Switzerland Branch
Thursday, 14 Dec 2017 

Dec 14 (Reuters) - Industrial And Commercial Bank Of China Ltd <1398.HK>::CBRC AND SWISS FINANCIAL MARKET SUPERVISORY AUTHORITY APPROVED ESTABLISHMENT OF BRANCH IN SWITZERLAND.  Full Article

East Money Information signs cooperation framework agreement with Industrial and Commercial Bank of China
Wednesday, 13 Dec 2017 

Dec 13 (Reuters) - East Money Information Co Ltd <300059.SZ>:Says it signed cooperation framework agreement with Industrial and Commercial Bank of China on Dec. 11 .Says two entities mainly cooperate on securities business, information sharing, financial products sales and customer resource sharing.  Full Article

Industrial And Commercial Bank Of China completes issuance of second tranche tier-2 capital bonds
Thursday, 23 Nov 2017 

Nov 23 (Reuters) - Industrial And Commercial Bank Of China Ltd <601398.SS> ::‍Announces completion of second tranche issuance of tier-2 capital bonds​.Says ‍size of issuance is 44 billion yuan with 10 year term and coupon rate is 4.45 percent .  Full Article

Industrial and Commercial Bank Of China completes issuance of first tranche tier-2 capital bonds​
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - Industrial And Commercial Bank Of China Ltd <601398.SS>:‍Announces completion of first tranche issuance of tier-2 capital bonds​.Says ‍size of issuance is RMB44 billion with 10 year term and coupon rate is 4.45%​.  Full Article

Industrial and Commercial Bank of China posts Q3 net interest income of RMB ‍133.23 bln
Monday, 30 Oct 2017 

Oct 30 (Reuters) - Industrial and Commercial Bank of China::QTRLY NET INTEREST INCOME RMB ‍133,229​ MILLION VERSUS RMB 117,078 MILLION.  Full Article

ICBC posts Q3, Jan-Sept financial results
Monday, 30 Oct 2017 

Oct 30 (Reuters) - Industrial and Commercial Bank of China Ltd <1398.HK><601398.SS>:Says non-performing loans ratio at 1.56 percent at end-Sept.Says capital adequacy ratio at 12.88 percent at end-Sept.Says Q3 net profit up 3.4 percent y/y.Says 9-month net profit up 2.3 percent y/y .  Full Article

Industrial and Commercial Bank of China gets approvals to issue 88 bln yuan tier-2 capital bonds
Wednesday, 25 Oct 2017 

Oct 25 (Reuters) - Industrial and Commercial Bank of China Ltd <601398.SS><1398.HK>:Says it gets approvals from banking regulator, China central bank to issue up to 88.0 billion yuan ($13.25 billion)tier-2 capital bonds.  Full Article

Ping An Asset Management buys more H-shares in ICBC - HKEx filing
Friday, 13 Oct 2017 

Oct 13 (Reuters) - Industrial and Commercial Bank of China Ltd <601398.SS><1398.HK>:Ping An Asset Management Buys 44.877 million H-shares in ICBC <<<601398.SS>>><<<1398.HK>>> at average price per share of HK$6.3231 on Oct 10 - HKEx filing.Ping An Asset Management owns 5.03 percent stake in ICBC after the transaction from 4.98 percent previously - HKEx filing.  Full Article

Ping An Life Insurance raises stake in ICBC - HKEx filing
Wednesday, 11 Oct 2017 

Oct 11 (Reuters) - Ping An Life Insurance Group Co of China Ltd <2318.HK>:Buys 117.938 million shares of ICBC <<<1398.HK>>> at an average price per share of HK$6.3286 on Oct 9 - HKEx filing.Ping An Life Insurance owns 6.07 percent stake in ICBC after transaction from 5.93 percent previously - HKEx filing.  Full Article

China state-backed funds slash equity exposure amid market euphoria

SHANGHAI, Jan 23 China's five state-backed mutual funds, launched during the 2015 stock market crash, cut their equity holdings in the fourth quarter as they reduced exposure to the banking and manufacturing sectors, latest filings show.