Stocks Industrial and Commercial Bank of China Ltd


  • A worker at a branch of ICBC counts money as she serves a customer.

    Private investors should steer clear of China's mammoth banks, whose precarious state pose a risk to the world economy, an asset manager specializing in Asia told CNBC on Wednesday.

  • A customer holds a 100 Yuan note at a market in Beijing.

    China's slowing economy and market rout may capture headlines, but the mainland's debt load is a bigger worry, said top China banking analyst Charlene Chu.

  • BEIJING, Dec 29- The deputy governor of China's central bank has been appointed head of the country's foreign exchange regulator, leading business publication Caixin reported on Tuesday. Pan, 52, previously held roles at Agricultural Bank of China Ltd and Industrial& Commercial Bank of China Ltd, the country's largest lender, before taking his position at the...

  • Deutsche Bank signage.

    Deutsche Bank is to sell its stake in the Chinese lender for up to €3.7B in an effort to strengthen its balance sheet, the FT reports.

  • SAO PAULO, Dec 9- Brazilian iron ore miner Vale SA said late on Tuesday in a filing it had completed the sale of four very large ore carriers, also known as Valemax class ships, to a consortium lead by ICBC Financial Leasing. ICBC is a subsidiary of the Industrial and Commercial Bank of China Limited. The deal was valued at $423 million and the resources were...

  • Asian stocks trimmed losses Thursday as oil prices bounced from an over three month low, but mood remained cautious ahead of economic events overseas.

  • Asian markets closed mostly in positive territory as investors shrugged off a lower finish on Wall Street and a miss on China PMI.

  • Asian equities closed mostly in the red on Monday as investors remained cautious following a mixed performance from Wall Street.

  • Asian stocks closed sharply in the red, led by a heavy afternoon sell off in the Chinese market as the regulatory body went after brokerages.

  • Asian markets closed mixed on Monday, following a rally on Wall Street last week as investors stay on a Fed-watch.

  • Investors look at computer screens showing stock information at a brokerage house in Qingdao, Shandong province, China.

    Asian equities bucked the trend on Wall Street overnight and finished strongly on Friday, even as a Fed rate hike lingered on investors' minds.

  • *Gold lending has soared as tight credit limits traditional loans. The top four Chinese banks alone have up to 443.4 billion yuan tied up in gold leasing, so any pull back could cut China's imports and hit global bullion prices that are already languishing at the lowest in more than five years. Bank of China, the country's fourth-biggest lender by assets, has seen at...

  • *China corporate borrowing hit by slowing economy. BEIJING, Nov 19- Some Chinese banks, hit by a surge of troubled borrowing in a weakening economy, are increasingly failing to recognise loans gone sour on their books to avoid having to stump up capital. This hidden build up of substandard corporate loans, spurred by China's slowest economic growth in a quarter of a...

  • A pedestrian walks in front of a share prices board showing the numbers on the Nikkei 225 at the Tokyo Stock Exchange in Tokyo.

    Asian shares traded mixed on Wednesday, as investors remain cautious over the latest global geopolitical developments in the wake of Paris terror attacks.

  • A woman walks past an electronic board displaying the benchmark Hang Seng Index in Hong Kong.

    Asian equities were lackluster on Thursday, with weakening commodity prices and concerns over a slower-growing China pressurizing markets.

  • China's four biggest banks may be forced to raise up to $400B to meet new capital rules, which could pressure them to slow lending.

  • HONG KONG, Nov 11- China's four biggest banks may have to raise up to $400 billion to meet new global capital rules, an onerous task that could pressure them to slow down lending at a time when Beijing wants them to help prop up economic growth. China has four GSIBs: Bank of China, Agricultural Bank of China, Industrial and Commercial Bank of China, and China...

  • HONG KONG, Nov 10- China's four biggest lenders may have to raise up to $400 billion in new capital to conform with onerous new post-crisis capital rules a global regulator said on Monday they would have to fall into line with. The announcement by international banking watchdog the Financial Stability Board represents a coup for Western banks, who had...

  • A pedestrian holding an umbrella looks at an electronic stock board outside a securities firm in Tokyo, Japan.

    Asian shares retreated on Tuesday, as a fresh batch of Chinese data added to the uncertainty from a looming rate hike in the U.S.

  • Investors observe stock market at a stock exchange hall in Hangzhou, China.

    Asian stocks outside China and Japan mostly retreated on Monday, following below-view trade figures released at the weekend from China.