Industrial and Commercial Bank of China Limited (IDCBF)
| Previous close | 0.5000 |
| Open | 0.5000 |
| Bid | 0.0000 x 0 |
| Ask | 0.0000 x 0 |
| Day's range | 0.5000 - 0.5000 |
| 52-week range | 0.4200 - 0.5900 |
| Volume | |
| Avg. volume | 22,866 |
| Market cap | 249.464B |
| Beta (5Y monthly) | 0.34 |
| PE ratio (TTM) | 3.57 |
| EPS (TTM) | 0.1400 |
| Earnings date | N/A |
| Forward dividend & yield | 0.04 (8.49%) |
| Ex-dividend date | 08 July 2024 |
| 1y target est | N/A |
BloombergUBS Dials Back China Fund Plans on High Costs, Grim Outlook
(Bloomberg) -- UBS Group AG is postponing plans to build its own mutual fund business in mainland China due to high costs and a dim profit outlook, people familiar with the matter said.Most Read from BloombergRay Dalio’s Famous Trade Is Sputtering, Investors BailingTrump Has Only $6.8 Million for Legal Fees With Trial UnderwayElon Musk’s Robotaxi Dreams Plunge Tesla Into ChaosZimbabwe’s ZiG Wipes Out 330% Stocks RallyApple’s China iPhone Sales Dive 19% in Worst Quarter Since 2020The Swiss bank w
BloombergChina’s ICBC Plans $5.5 Billion Sale of Loss-Absorbing Bonds
(Bloomberg) -- Industrial and Commercial Bank of China Ltd. is planning to issue as much as 40 billion yuan ($5.5 billion) of total loss-absorbing capacity (TLAC) bonds as soon as this month, people familiar with the matter said, marking the first such debt sale from the country’s largest state-owned lenders. Most Read from BloombergTrumpism Is Emptying ChurchesIran’s Better, Stealthier Drones Are Remaking Global WarfareBlackstone Nears Buyout of Skin-Care Company L’OccitaneUkraine Says It’s Beh
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.
