ICBC SELL — Bearish Pressure Building Toward Lower LevelsICBC is currently presenting a bearish market structure, with price action showing increasing downside pressure after failing to sustain the recent recovery.
The latest movement suggests that sellers are gradually taking control, while the upside momentum appears to be losing strength.
From a tech
Industrial and Commercial Bank of China Ltd.
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Compare with Industrial and Commercial Bank of China Ltd.
51.27 B USD
113.34 B USD
Next report date
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Company info
Sector
Industry
Website
Headquarters
Beijing
Founded
1984
IPO date
Oct 27, 2006
ISIN
US4558071076
CUSIP
455807107
FIGI
BBG000RLSF27
Identifiers
ISIN US4558071076
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.
ICBC — Buyers Targeting Higher LevelsIndustrial and Commercial Bank of China (ICBC) is showing a constructive bullish structure, with buyers maintaining control around the current price area. The overall setup favors the upside as long as the key support structure continues to hold.
Price action suggests that demand remains active, wh
Will we see a repeat of 2007 and 2018 again ?As a state bank, there can be reasons not known to the public how the internal systems works and investors who bought this stock mainly like its dividend story and its stability (world's largest bank).
I am vested and still holding to this stock, not planning to add more nor sell.
Please DYODD
Heard the 10am package is not fantastic, so no hurry to chaseHmmm, was expecting some sort of fireworks this morning, a little disappointed......who knows after 10am when they released the news. But I heard it is not so great, so analysts may provide more take profits call, selling while many retail investors in China (1st day returning to work after the Gold
Why Chinese Stocks may be risky for the time beingRecent moves by the Chinese Government - termed "Three Arrows", facilitated a decrease of interest rates among various other changes of policy made for loans, borrowing and payment etc. This cumulated action signalled to investor's that China was reopening its economy, thus leading to a huge surge i
Chinese banks in my watchlistWith more rate cuts coming up from the FEDs in the coming months, we can reasonably expect the big banks in China will follow suit as well. Already, the government is pushing stimulus for these banks to lend out more money by lowering the RRR. But, is it enough?
Loans business remain sluggish in th
Chinese banks exposureRead latest news here www.scmp.com
I have bought this bank quite some time ago for its stable dividends and being a government bank, it offers me a stable dividend payout. The capital appreciation was definitely a surprise as you can see from chart that it went sideway for quite a while...........
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
Oscillators
Neutral
Summary
Neutral
Summary
Neutral
Summary
Neutral
Moving Averages
Neutral
Moving Averages
Neutral
Displays a symbol's price movements over previous years to identify recurring trends.
Maturity dateMar 16, 2029
Coupon4.50% (Fixed)
Maturity dateJan 27, 2027
Coupon2.70% (Fixed)
Maturity dateMay 21, 2028
Coupon4.13% (Fixed)
Maturity dateNov 8, 2027
Coupon3.54% (Fixed)
Maturity dateMar 16, 2029
Coupon2.75% (Fixed)
Maturity dateMay 23, 2027
Coupon3.70% (Fixed)
Maturity dateJun 18, 2029
Coupon1.64% (Fixed)
Maturity dateMay 21, 2028
Coupon2.00% (Fixed)
Maturity dateOct 25, 2026
Coupon4.29% (Variable)
Maturity dateJun 18, 2029
Coupon4.16% (Variable)
Maturity dateOct 28, 2026
Coupon1.63% (Fixed)
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