Industrial And Commercial Bank Of China Ltd (ICK.DU)
| Previous close | 0.5062 |
| Open | 0.5012 |
| Bid | 0.5024 x 0 |
| Ask | 0.5210 x 0 |
| Day's range | 0.5000 - 0.5032 |
| 52-week range | 0.3889 - 0.5648 |
| Volume | |
| Avg. volume | 76 |
| Market cap | N/A |
| Beta (5Y monthly) | N/A |
| PE ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings date | 30 Aug 2024 - 06 Sept 2024 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | N/A |
- South China Morning Post
Wealth Management Connect revamp sent cross-border investment skyrocketing, says ICBC
Improvements to the Wealth Management Connect scheme in February have proven to be a game-changer, with investment via the cross-border trading channel jumping by four times between January and April, according to the government data and industry players. The amount of money traded under the scheme quadrupled to 50.7 billion yuan (US$7 billion) in the first four months of the year, while the number of investors using it rose 60 per cent to 110,000, according to government data. ICBC Asia, a key
- South China Morning Post
Singapore's Temasek trims stake in ICBC as China's slumping property market dents state lenders' profits
Temasek Holdings, Singapore's sovereign wealth fund, cut its stake in the Industrial and Commercial Bank of China (ICBC) twice in one day last week, reducing its share of the lender to less than 5 per cent. The state investor first trimmed its allocation in China's biggest bank by selling 825 million H-shares at an average price of HK$4.7 each on May 27, taking its stake from 6.01 per cent to 5.06 per cent, AA Stocks reported on Tuesday. This was followed by a further cut of HK$408 million on th
ReutersChina'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.
