Hong Kong stocks are moving unusually | China Mainland Banking stocks are rising across the board as listed Banks have been intensively distributing dividends recently. Institutions indicate that the Sector still has upward valuation potential.

China Mainland Banking stocks are all on the rise. As of the time of publication, Postal Savings Bank Of China (01658) is up 3.08%, priced at 4.68 Hong Kong dollars; Industrial And Commercial Bank Of China (01398) is up 2.21%, priced at 5.09 Hong Kong dollars; China CITIC Bank Corporation (00998) is up 2.23%, priced at 5.49 Hong Kong dollars.

Zhitong FinanceJan 22 21:51 ET

The Industrial And Commercial Bank Of China (01398.HK) received an increase in shareholding of 36.656 million shares from Ping An Asset Management.

According to the latest disclosure of equity on the Stock Exchange, on January 20, 2025, Industrial And Commercial Bank Of China (01398.HK) was increased by Ping An Asset Management Co., Ltd. with approximately 36.656 million shares at an average price of HKD 4.9957 per share, involving about HKD 0.183 billion. After the Shareholding, the latest number of shares held by Ping An Asset Management Co., Ltd. is 15,657,225,000 shares, and the shareholding ratio has risen from 17.99% to 1.

Gelonghui FinanceJan 22 17:37 ET

ICBC's Macau Branch Issues $250 Million Bonds Due 2028

MT NewswiresJan 22 05:55 ET

Industrial And Commercial Bank Of China (01398.HK): Macau branch's 0.25 billion USD notes will be listed on January 22.

Gelonghui January 22丨Industrial And Commercial Bank Of China (01398.HK) announced that the Macau branch of Industrial And Commercial Bank Of China has issued $0.25 billion floating rate notes due in 2028 under its $20 billion Global Medium Term Note Program established by Industrial And Commercial Bank Of China. The notes are listed on January 22, 2025, on China (Macau) Financial Assets Exchange ("Macau Exchange").

Gelonghui FinanceJan 22 03:44 ET

Industrial And Commercial Bank Of China (01398): floating rate notes of 0.25 billion USD maturing in 2028 will be listed on the Exchange in Macau on January 22.

The Industrial And Commercial Bank Of China (01398) announced that the Macau branch of the Industrial And Commercial Bank Of China Limited...

Zhitong FinanceJan 22 03:40 ET

Are Banks under pressure from interest margins looking to Overseas for profits? The 2025 annual plan reveals that Overseas Business may become a new highlight.

① The Industrial And Commercial Bank Of China stated that efforts should be made to explore a second growth curve for Overseas Operation; ② For companies going global, it means that both upstream and downstream industries are venturing overseas together, which means more Chinese enterprises are setting up factories and operating locally.

cls.cnJan 20 07:35 ET