HKSE - Delayed Quote HKD

ICBC (1398.HK)

5.000

+0.070

+(1.42%)

At close: 4:08:36 PM GMT+8

3 High-Yield Dividend Stocks Offering Up To 6.2%

As global markets navigate a mixed landscape, with U.S. stocks closing out a strong year despite recent volatility and European inflationary pressures influencing economic sentiment, investors are increasingly seeking stability through dividend stocks. In such an environment, high-yield dividend stocks can offer attractive income potential while providing some cushion against market fluctuations.

Simply Wall St. 6 days ago

1398.HK
+1.42%
4603.HK

4620.HK
Top Dividend Stocks Featuring Industrial and Commercial Bank of China

As global markets continue to navigate a complex landscape of geopolitical tensions and economic policy shifts, major indices like the Dow Jones Industrial Average and S&P 500 have reached record highs, demonstrating resilience amid uncertainty. In this environment, dividend stocks can offer investors a blend of potential income and stability; among these, the Industrial and Commercial Bank of China stands out as a noteworthy option for those seeking to balance growth with consistent returns.

Simply Wall St. last month

0939.HK
+1.33%
1398.HK
+1.42%
4603.HK
SEC settles ransomware case against ICBC unit

The agency opted not to impose a fine on the U.S. unit of China's largest bank, which had difficulty updating system books and records after a 2023 cyberattack.

Banking Dive last month

IDCBF
SEC settles with ICBC unit over ransomware attack, imposes no fine

Monday's accord resolves accusations that for nearly four months after the attack, New York-based ICBC Financial Services failed to keep its books and records current, or send written notifications for securities-related transactions to customers. The SEC decided against a fine in light of the ICBC unit's "meaningful cooperation and extensive remedial measures." It also said the causes of the attack included inadequate preparation for a potentially severe cybersecurity incident.

Reuters last month

IDCBF
China's big banks post Q3 profit gains, squeeze on net interest margins

China's largest lenders posted increases in their third-quarter profits on Wednesday, mostly on reduced provisions, with slimmer net interest margins for some. The frontrunner was Agricultural Bank of China Ltd (AgBank), which reported a 5.88% rise in third-quarter net profit. AgBank, Industrial and Commercial Bank of China Ltd (ICBC) and China Construction Bank Corp (CCB) all posted sluggish growth or a drop in pre-provisions operating income, indicating the banks reduced provisions to boost net profit growth.

Reuters 2 months ago

ACGBF

IDCBF

BACHF
Stocks to watch this week: BP, Shell, Uber, HSBC and Intel

Earnings preview of key companies reporting this week and what to look out for.

Yahoo Finance UK 2 months ago

BMY

CELG-RT

BASFY
Top SEHK Dividend Stocks To Watch In October 2024

As global markets navigate a period of economic adjustments, with notable interest rate cuts by the European Central Bank and the Bank of England, Hong Kong's Hang Seng Index has faced challenges, recently experiencing a decline. In this climate, dividend stocks in Hong Kong present an intriguing opportunity for investors seeking stable income streams amidst market fluctuations.

Simply Wall St. 2 months ago

CHOWF

1398.HK
+1.42%
4603.HK
Stocks to watch: Tesla, Lloyds, L'Oréal, Coca-Cola and Unilever

Earnings preview of key companies reporting next week and what to look out for.

Yahoo Finance UK 2 months ago

HON

CAJFF

CAJPY
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 6 months ago

IDCBF

^HSI
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

South China Morning Post 7 months ago

IDCBF
China'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.

Reuters 9 months ago

IDCBF

ACGBF

BCMXY
This 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

Benzinga 11 months ago

IDCBF
Fed, NYDFS fine Chinese bank ICBC $32.4M

“Regulated institutions must be held accountable for failing to adhere to New York’s rigorous legal and regulatory standards,” NYDFS Superintendent Adrienne Harris said Friday.

Banking Dive 11 months ago

IDCBF
ICBC to pay $32.4 million to US regulators over AML lapses, supervisory information disclosure

The Industrial and Commercial Bank of China Ltd and its New York branch will pay $32.4 million in penalties for the unauthorized use and disclosure of confidential supervisory information, the Federal Reserve announced Friday. The Fed said the joint action, taken with New York's Department of Financial Services (NYDFS), came after the bank disclosed information to a third party without regulatory approval. In a separate statement, NYDFS said an ICBC employee disclosed that supervisory information to a foreign regulator.

Reuters 11 months ago

IDCBF

Performance Overview

Return	1398.HK	SSE Composite Index
YTD	+33.34%	-5.03%
1-Year	+100.65%	+12.12%
3-Year	+84.97%	-8.10%

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ICBC (1398.HK)

3 High-Yield Dividend Stocks Offering Up To 6.2%

Top Dividend Stocks Featuring Industrial and Commercial Bank of China

SEC settles ransomware case against ICBC unit

SEC settles with ICBC unit over ransomware attack, imposes no fine

China's big banks post Q3 profit gains, squeeze on net interest margins

Stocks to watch this week: BP, Shell, Uber, HSBC and Intel

Top SEHK Dividend Stocks To Watch In October 2024

Stocks to watch: Tesla, Lloyds, L'Oréal, Coca-Cola and Unilever

Wealth Management Connect revamp sent cross-border investment skyrocketing, says ICBC

Singapore's Temasek trims stake in ICBC as China's slumping property market dents state lenders' profits

China's Big Five lenders post shrinking margins, warn of property risks

This 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

Fed, NYDFS fine Chinese bank ICBC $32.4M

ICBC to pay $32.4 million to US regulators over AML lapses, supervisory information disclosure

Performance Overview