Company Industrial and Commercial Bank of China Limited

Company Industrial and Commercial Bank of China Limited

1398

CNE1000003G1

Banks

Analysts' Consensus

Equities

1398

CNE1000003G1

Banks

Analysts' Consensus

Business Summary

Sales per Business

Sales per region

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Company contact information

Group companies

Sector

Sales per Business

Sales per region

Ratings for Industrial and Commercial Bank of China Limited

EPS Revisions

Quarterly earnings - Rate of surprise

Sector Other Banks

Business Summary

Sales per Business

Sales per region

Share class

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Holdings

Company contact information

Group companies

Sector

Sales per Business

Sales per region

Ratings for Industrial and Commercial Bank of China Limited

EPS Revisions

Quarterly earnings - Rate of surprise

Sector Other Banks

INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED

Delayed Hong Kong S.E. Other stock markets 10:41:55 2024-05-16 pm EDT			5-day change	1st Jan Change
4.66 ^HKD	-1.06%		+3.09%	+22.25%

May. 13	Industrial And Commercial Bank of China to Issue 30 Billion Yuan Total Loss Absorbing Capacity Bonds	MT
May. 12	China's ICBC to kick off TLAC bond sales with issuance of $4.15 billion	RE

Industrial and Commercial Bank of China Ltd is a China-based company principally engaged in the provision of banking and related financial services. The Bank mainly operates three segments, including Corporate Banking segment, Personal Banking segment and Treasury segment. The Corporate Banking segment provides loan, trade financing, deposit, corporate finance, custody and other related financial products and services to enterprises, government agencies and financial institutions. The Personal Banking segment provides loan, deposit, bank card, personal finance and other related financial products and services to individual customers. Treasury segment includes money markets business, securities investment business, self and valet foreign exchange trading and derivative financial instruments business. The Company conducts its businesses within domestic and overseas markets.

Number of employees: 419,252

HKD in Million	2022	Weight	2023	Weight	Delta
Corporate Banking 46.6 %	464,455	43.5 %	434,301	46.6 %	-6.49%
Personal Banking 39.5 %	466,957	43.7 %	367,925	39.5 %	-21.21%
Treasury 12.9 %	127,644	12.0 %	119,971	12.9 %	-6.01%
Others 1.0 %	8,453	0.8 %	9,395	1.0 %	+11.14%

HKD in Million	2022	Weight	2023	Weight	Delta
China 88.2 %	911,455	85.4 %	821,960	88.2 %	-9.82%
Overseas and Others 11.9 %	158,005	14.8 %	111,302	11.9 %	-29.56%
Eliminations -0.2 %	-1,950	-0.2 %	-1,672	-0.2 %	-14.27%

	Vote	Quantity	Free-Float	Total Float
Stock A	1	269,612,212,539	33,236,390,921 ( 12.33 %)	33.68 %
Stock B	1	86,794,044,550	86,794,044,550 ( 100.00 %)
Stock C	0	1,295,000,000	0

Name	Equities	%	Valuation
PING AN INSURANCE (GROUP) COMPANY OF CHINA, LTD. 13.98 %	12,137,786,000	13.98 %	6 565 M $
National Council for Social Security Fund 7.994 %	6,938,013,180	7.994 %	3 752 M $
Temasek Holdings Pte Ltd. (Investment Management) 6.988 %	6,065,074,305	6.988 %	3 280 M $
Taiping Life Insurance Co. Ltd. (Investment Portfolio) 4.611 %	4,002,002,000	4.611 %	2 164 M $
China State-Owned Assets Supervision & Admn Commission 0.3527 %	306,113,000	0.3527 %	166 M $
State Street Global Advisors Ltd. 0.2183 %	189,472,201	0.2183 %	102 M $
China Asset Management Co., Ltd. 0.1828 %	158,622,948	0.1828 %	86 M $
Sjunde AP-fonden 0.1594 %	138,307,610	0.1594 %	75 M $
Fidelity Management & Research (Hong Kong) Ltd. 0.1550 %	134,497,209	0.1550 %	73 M $
Research Affiliates LLC 0.0856 %	74,284,000	0.0856 %	40 M $

Name	Equities	%	Valuation
UBS Asset Management (Singapore) Ltd. 0.2366 %	343,000	0.2366 %	33 M $
Gesalcalá SA SGIIC 0.001382 %	2,004	0.001382 %	193 761 $

Name	Equities	%	Valuation
China Investment Corp. (Investment Company) 46.37 %	125,018,582,640	46.37 %	93 744 M $
Government of China 41.16 %	110,984,806,678	41.16 %	83 221 M $
National Council For Social Security Fund (Investment Company) 4.574 %	12,331,645,186	4.574 %	9 247 M $
China Securities Finance Corp. Ltd. 0.8962 %	2,416,131,540	0.8962 %	1 812 M $
China Asset Management Co., Ltd. 0.1479 %	398,723,859	0.1479 %	299 M $
Harmony Health Insurance Co. Ltd. 0.1381 %	372,432,300	0.1381 %	279 M $
Huatai-PineBridge Fund Management Co., Ltd. 0.0795 %	214,235,636	0.0795 %	161 M $
China Merchants Fund Management Co., Ltd. 0.0738 %	198,964,086	0.0738 %	149 M $
Zhongtai Securities Shanghai Assets Management Co., Ltd. 0.0676 %	182,136,827	0.0676 %	137 M $
Hwabao WP Fund Management Co., Ltd. 0.0497 %	133,913,454	0.0497 %	100 M $

Name	Equities	%	Valuation
RhumbLine Advisers LP 0.003082 %	133,750	0.003082 %	1 M $
MAI Capital Management LLC 0.001735 %	75,308	0.001735 %	802 256 $
Nykredit Bank A/S (Investment Management) 0.000840 %	36,452	0.000840 %	388 323 $
Henry James International Management, Inc. 0.000761 %	33,020	0.000761 %	351 762 $
Fulton Financial Advisors, NA 0.000317 %	13,764	0.000317 %	146 628 $
Satuit Capital Management LLC 0.000189 %	8,200	0.000189 %	87 355 $
Hong Leong Asset Management Bhd. 0.000107 %	4,662	0.000107 %	49 664 $
GL Capital Partners LLC 0.000061 %	2,650	0.000061 %	28 230 $
PNC Investments LLC 0.000010 %	449	0.000010 %	4 783 $
First Horizon Advisors, Inc. 0.000005 %	204	0.000005 %	2 173 $

Name	Equities	%	Valuation
STANDARD BANK GROUP LIMITED 19.40%	325,100,394	19.40%	3,056,545,139 $
QINGHAI SALT LAKE INDUSTRY CO.,LTD 7.48%	406,276,871	7.48%	930,764,060 $
ICBC TURKEY BANK 92.84%	798,428,227	92.84%	388,898,421 $
WINGTECH TECHNOLOGY CO.,LTD 5.44%	67,620,040	5.44%	294,142,441 $
CNOOC LIMITED 37.50%	55,555,555	37.50%	229,541,109 $
INNER MONGOLIA YILI INDUSTRIAL GROUP CO., LTD. 0.87%	54,865,643	0.87%	216,765,377 $
ADVANCED MICRO-FABRICATION EQUIPMENT INC. CHINA 1.27%	7,867,231	1.27%	153,911,596 $
CHINA RAILWAY MATERIALS COMPANY LIMITED 5.10%	302,517,582	5.10%	110,288,835 $
ZHEJIANG CONSTRUCTION INVESTMENT GROUP CO.,LTD 17.87%	88,005,868	17.87%	104,272,873 $
CHINA CITIC FINANCIAL ASSET MANAGEMENT CO., LTD. 5.54%	1,960,784,313	5.54%	89,000,000 $

Industrial & Commercial Bank of China Ltd.

No. 55 Fuxingmennei Avenue Xicheng District

100140, Beijing

+86 10 6610 6114

http://www.icbc-ltd.com

address Industrial and Commercial Bank of China Limited(1398)

Name	Category and Sector
ICBC (London) Plc ICBC (London) Plc Investment Banks/BrokersFinance Part of Industrial & Commercial Bank of China Ltd., ICBC (London) Plc is a financial institution based in London, UK. The British company's website uses cookies to provide a more personalized and user-friendly experience. ICBC (London has recently registered stable performance with good momentum of growth in 2020 and has been approved to jointly establish a wealth management company with Goldman Sachs. The private company has also taken measures to prevent the spread of COVID-19, including closing cash counters. The company was founded in 2003. Ruixiang Han has been the CEO of the company since 2016.	Investment Banks/Brokers
ICBC Turkey Portföy Hisse Senedi Fonu (Hisse Senedi Yogun Fon)	Investment Trusts/Mutual Funds
ICBC Turkey Portfoy Birinci Degisken Fon	Investment Trusts/Mutual Funds
Industrial & Commercial Bank of China Ltd. (Abu Dhabi Branch) Industrial & Commercial Bank of China Ltd. (Abu Dhabi Branch) Regional BanksFinance Part of Industrial & Commercial Bank of China Ltd. (Abu Dhabi Branch), the Emirati company provides commercial banking services. The private company is located in the United Arab Emirates.	Regional Banks
Industrial & Commercial Bank of China (Almaty) JSC
Industrial & Commercial Bank of China (New Zealand) Ltd. Industrial & Commercial Bank of China (New Zealand) Ltd. Regional BanksFinance Industrial & Commercial Bank of China (New Zealand) Ltd. provides commercial banking services. It offers personal and corporate banking services. The company is headquartered in Auckland, New Zealand.	Regional Banks
Industrial & Commercial Bank of China Ltd. (Dubai Branch) Industrial & Commercial Bank of China Ltd. (Dubai Branch) Regional BanksFinance Industrial & Commercial Bank of China Ltd. (Dubai Branch) provides banking and other financial services. Its banking services include corporate, investment, and private banking. The company was founded in April 2008 and is headquartered in Dubai, United Arab Emirates.	Regional Banks
Industrial & Commercial Bank of China (USA), NA Industrial & Commercial Bank of China (USA), NA Regional BanksFinance Part of Industrial & Commercial Bank of China Ltd., Industrial & Commercial Bank of China (USA), NA is a banking institution based in New York, NY. Industrial & Commercial Bank of China (USA), NA offers a range of personal and commercial banking services, including trade finance, syndication, credit cards, and mortgage loans. The company was founded in 1984. Industrial & Commercial Bank of China (USA), NA was acquired by Industrial & Commercial Bank of China Ltd. from The Bank of East Asia Ltd. on July 06, 2012 for $140.23 million.	Regional Banks
ICBC-AXA Life Insurance Co., Ltd. ICBC-AXA Life Insurance Co., Ltd. Life/Health InsuranceFinance Part of Industrial & Commercial Bank of China Ltd., ICBC-AXA Life Insurance Co., Ltd. provides life insurance services. The private company is based in Dongguan, China.	Life/Health Insurance
ICBC Credit Suisse Asset Management Co., Ltd. ICBC Credit Suisse Asset Management Co., Ltd. Investment ManagersFinance ICBC Credit Suisse Asset Management Co., Ltd. (ICBCCS) is an asset management firm which was founded in 2005 through a joint venture between State-owned Industrial and Commercial Bank of China (ICBC) and Crédit Suisse First Boston, part of Crédit Suisse Group (SWX: CSGN; ADR: CS). Headquartered in Beijing, ICBCCS manages mutual funds and pension funds for Chinese retail investors. The firm distributes their products through ICBC's network throughout China.	Investment Managers
ICBC Turkey Portföy Yönetimi AS
Chongqing Bishan ICBC Rural Bank Co., Ltd.
ICBC Bank JSC
Industrial & Commercial Bank of China Mexico SA
Industrial & Commercial Bank of China Ltd. Peking
Industrial & Commercial Bank of China (Europe) SA Industrial & Commercial Bank of China (Europe) SA Regional BanksFinance Industrial & Commercial Bank of China (Europe) SA provides financial services. The company was founded on September 5, 2006 and is headquartered in Luxembourg.	Regional Banks
Industrial & Commercial Bank of China (Canada) Industrial & Commercial Bank of China (Canada) Regional BanksFinance Part of Industrial & Commercial Bank of China Ltd., Industrial & Commercial Bank of China (Canada) is a commercial bank. The private company is based in Richmond Hill, Canada.	Regional Banks
Industrial & Commercial Bank of China (Thai) Public Co., Ltd. Industrial & Commercial Bank of China (Thai) Public Co., Ltd. Major BanksFinance Industrial & Commercial Bank of China (Thai) Public Co. Ltd. is a financial institution. It offers saving, current & foreign currency deposits accounts, short term, long term loans, debit, credit cards, fixed deposits, insurance, exchange rates, interests rates and internet banking. The company was founded on August 22, 1969 and is headquartered in Bangkok, Thailand.	Major Banks
INDUSTRIAL & COML CH	Regional Banks
Industrial & Commercial Bank of China (Argentina) SA Industrial & Commercial Bank of China (Argentina) SA Major BanksFinance Industrial & Commercial Bank of China (Argentina) SA engages in the provision of corporate and investment banking services. Its services include savings and checking accounts, term deposits, structured debt financing, and risk management. It also operates a network of 90 branches throughout Argentina. The company was founded on December 5, 2005 and is headquartered in Buenos Aires, Argentina.	Major Banks
ICBC TURKEY BANK	Major Banks
ICBC Turkey Portföy Altin Fonu	Investment Trusts/Mutual Funds
ICBC Turkey Portföy Ikinci Degisken Fon	Investment Trusts/Mutual Funds
ICBC Turkey Yatirim Menkul Degerler AS ICBC Turkey Yatirim Menkul Degerler AS Investment Banks/BrokersFinance Part of Industrial & Commercial Bank of China Ltd., ICBC Turkey Yatirim Menkul Degerler AS is an investment company based in Istanbul, Turkey. The Turkish company offers investment banking, consultancy, project finance, structured finance, and capital market consultancy services. ICBC Investment provides public offering services in all processes from initial planning to post-IPO investor relations. The private company's investment consultancy department complies with the new capital market law no. 6362.	Investment Banks/Brokers
ICBC Credit Suisse Asset Management (International) Co. Ltd. ICBC Credit Suisse Asset Management (International) Co. Ltd. Investment ManagersFinance ICBC Credit Suisse Asset Management (International) Co. Ltd. (ICBCCSI) is the wholly-owned asset management subsidiary of IBCB Credit Suisse Asset Management Co., Ltd. in China. Headquartered in Hong Kong, ICBCCSI was founded in 2011 to provide asset management services and investment advisory services to the domestic and international clients.	Investment Managers
ICBC Turkey Portföy Serbest (Döviz) Fon	Investment Trusts/Mutual Funds
Skysea Finance Co. Ltd.
ICBCIL Finance Co. Ltd. ICBCIL Finance Co. Ltd. Finance/Rental/LeasingFinance ICBCIL Finance Co. Ltd. provides loans to offshore special purpose vehicles for leasing asset procurement. The firm also centralizes excess funding from the offshore special purpose vehicles. The company is headquartered in Hong Kong.	Finance/Rental/Leasing
ICBC Turkey Portfoy Para Piyasasi Fonu	Investment Trusts/Mutual Funds
Industrial & Commercial Bank of China (Paris Branch) Industrial & Commercial Bank of China (Paris Branch) Major BanksFinance Part of Industrial & Commercial Bank of China Ltd., Industrial & Commercial Bank of China (Paris Branch) is a banking services provider. The private company is based in Paris, France.	Major Banks

Trading Rating

Investor Rating

ESG Refinitiv

C+

More Ratings

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

4.358 CNY

Average target price

4.565 CNY

Spread / Average Target

+4.74%

Consensus

Estimates Revisions

Company calendar

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