No Data
IDCBY Industrial And Commercial Bank Of China (ADR)
Watchlist- 5D
- 1D
- 1W
- 1M
- 1Q
- 1Y
About Industrial And Commercial Bank Of China (ADR) Company
Industrial & Commercial Bank of China Ltd. engages in the provision of commercial banking and financial services. It operates through the following business segments: Corporate Banking, Personal Banking, Treasury Operations, and Others. The Corporate Banking segment provides corporate loans, trade financing, deposit-taking activities, corporate wealth management services, custody activities, and various types of corporate intermediary services to corporations, government agencies and financial institutions. The Personal Banking segment offers personal loans, deposit-taking activities, card business, personal wealth management services, and various types of personal intermediary services to individual customers. The Treasury Operations segment covers money market transactions, investment securities, foreign exchange transactions and the holding of derivative positions, for its own account or on behalf of customers. The Others segment includes assets, liabilities, income, and expenses that cannot be allocated to a segment. The company was founded on January 1, 1984 and is headquartered in Beijing, China.
News
Changes in Hong Kong stocks | Domestic bank stocks collectively fell in early trading, Da Mo said net interest spreads continued to narrow, lowering the target price of domestic banks by an average of 12%
Domestic banking stocks fell collectively in early trading. As of press release, Bank of Qingdao (03866) fell 4.63% to HK$2.06; Minsheng Bank (01988) fell 4.1% to HK$2.57; Bank of Communications (03328) fell 3.8% to HK$4.56; ICBC (01398) fell 3.71% to HK$3.63; and China Construction Bank (00939) fell 2.94% to HK$4.29.
In September, 15 banks were intensively investigated! Interest rate cuts on stock mortgages and asset quality have received attention, and institutions are optimistic about sector allocation value
With the continuous optimization of real estate policies and the continuous advancement of CIT-related bonds, it is expected that hidden asset quality of listed banks will gradually be eliminated, and bank valuations are expected to enter an upward channel.
Express News | The scale of frequent “new” REITs is about to exceed 100 billion