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

601398.SS on Shanghai Stock Exchange

5.89CNY
11 Dec 2017
Change (% chg)

¥0.01 (+0.17%)
Prev Close
¥5.88
Open
¥5.88
Day's High
¥5.89
Day's Low
¥5.82
Volume
175,362,071
Avg. Vol
213,347,024
52-wk High
¥6.40
52-wk Low
¥4.35

Latest Key Developments (Source: Significant Developments)

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

Industrial and Commercial Bank of China to pay preferred stock dividend
Monday, 31 Oct 2016 

Industrial and Commercial Bank of China <601398.SS>: Says it will pay domestic preferred stock dividend with dividend yield of 4.5 percent .Says it will pay overseas preferred stock dividend with initial dividend yield of 6 percent.  Full Article

Industrial and commercial bank of china appoints Gu Shu as vice chairman
Tuesday, 27 Sep 2016 

Industrial And Commercial Bank Of China Ltd <601398.SS> : Sheila Colleen Bair nominated as candidate for independent non- executive director of bank .Gu Shu has been appointed as vice chairman.  Full Article

Industrial and Commercial Bank Of China says board approved appointment of Gu Shu as president
Tuesday, 27 Sep 2016 

Industrial And Commercial Bank Of China Ltd <1398.HK> :Considered and approved proposal on appointment of Gu Shu as president of Industrial And Commercial Bank Of China Limited.  Full Article

RPT-EXCLUSIVE-More Chinese lenders plan to pursue RCom in insolvency court -sources

HONG KONG/MUMBAI/BEIJING, Dec 5 Two major Chinese lenders plan to support a move by China Development Bank to put Indian wireless carrier Reliance Communications (RCom) into insolvency court as they seek to recover about $2 billion in debt, said three people with knowledge of the matter.