Industrial and Commercial Bank of China Limited (IDCBY)
| Previous close | 11.11 |
| Open | 11.50 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's range | 11.50 - 11.55 |
| 52-week range | 8.50 - 11.55 |
| Volume | |
| Avg. volume | 52,953 |
| Market cap | 249.042B |
| Beta (5Y monthly) | 0.32 |
| PE ratio (TTM) | 4.28 |
| EPS (TTM) | 2.69 |
| Earnings date | 29 Apr 2024 |
| Forward dividend & yield | 0.84 (7.30%) |
| Ex-dividend date | 06 Jul 2023 |
| 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
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.
BenzingaThis Little-Known Chinese Billionaire Went From Working In The Coal Mines To Being One Of The Most Powerful Bankers In The World, Commanding $3.5 Trillion In Assets
Jiang Jianqing, a name synonymous with the remarkable transformation of the Industrial and Commercial Bank of China (ICBC) into the world’s largest bank by assets, has a story that reads like a testament to resilience and visionary leadership. Born in Shanghai in 1953, Jiang’s early life was marked by the hardships of the Cultural Revolution during which he was sent to work in the fields of Jiangxi Province and the coal mines of Henan Province. This period of labor education, far from breaking h
