Alerts in the last 24 hours

No Personalised Alerts!

To see personalised alerts you need to be logged in.

Log In

Industrial and Commercial Bank of China Ltd Add to portfolio

HSI:1398, Oct 23, 08:06 UTC

Latest HSI:1398 News

Filter your feed

Apply Filter

Thursday, October 18


News

China's top bank ICBC signs financing deals with 100 private firms: source

1398

The agreements signed on Oct. 16 with the companies, most of which are large, publicly listed and existing clients, provide them with more efficient, nationwide financing services, said the person, who declined to be named as the bank's client information is confidential. ICBC declined to comment on the matter. As Beijing looks to boost economic growth, it has encouraged banks to provide sufficient credit to the real economy, specifically private firms. ICBC's move indicates state banks are taking steps to implement the policy, though it suggests larger firms are still key beneficiaries of a renewed lending push, while more vulnerable small private firms continue to struggle for financing. ICBC also signed debt-for-equity agreements with some of the private firms to reduce their debt burden, the person said.

Read Full Details

Topics:
  • Business
  • Financial
News

Bears roam in China’s stock markets, worst performance in 4 years - ChinaKnowledge

1398

China Knowledge is in the business of providing business solutions and products on China. Within the Group it has financial terminal, publishing, newswires, research, multimedia production and a wide range of consulting services offer to foreign businesses seeking opportunities in China. Oct 18, 2018 (China Knowledge) - The Chinese stocks have become the worst performing market as trade war with the U.S. escalates. Furthermore, President Donald Trump’s determination to push Beijing to agree to his terms and conditions before he agrees on any negotiations will do no good but drag the worsening trade tension longer.

Read Full Details

Story Sources

chinaknowledge.com
Topics:
  • Business
  • Financial

Monday, October 01


Social Chatter

Industrial and Commercial Bank of China Ltd (HSI:1398) social chatter is higher than usual

1398
Most valuable companies in 2010 10. Apple 🇺🇸 9. Petrobras 🇧🇷 8. HSBC 🇬🇧 7. BHP Billiton 🇦🇺 6. China Construction Bank 🇨🇳 5. Walmart 🇺🇸 4. ICBC 🇨🇳 3. Microsoft 🇺🇸 2. ExxonMobil 🇺🇸 1. PetroChina 🇨🇳 #3usiness #History

Sunday, September 30


Social Chatter

Industrial and Commercial Bank of China Ltd (HSI:1398) social chatter is higher than usual

1398
Biggest public companies by market cap 16. Samsung: $269bn 15. Shell: $288bn 14. ICBC: $290bn 13. BoA: $294bn 12. Visa: $344bn 11. ExxonMobil: $360bn 10. Johnson & Johnson: $371bn 9. JPMorgan Chase: $379bn (Sep ’18) #3usiness #Valuation

Tuesday, September 18


News

Alibaba (NYSE:BABA), Baidu, Inc. (NASDAQ:BIDU) - As The US And China Duke It Out Over Trade, Traders Flock To Chinese Leveraged ETFs

1398 BABA

The FTSE China 50 Index, for example, rose 22 percent last year, but is down about 12 percent year-to-date. In the US, Baidu Inc (NASDAQ: BIDU) is down 10 percent for the year, while JD.com Inc (NASDAQ: JD) and Weibo Corp (NASDAQ: WB) are both down more than 35 percent. Even cream-of-the-crop Alibaba Group Holding Ltd (NYSE: BABA) is trading at 15 percent deficit. And all of this while the S&P 500 has risen nearly 8 percent to new all-time highs. While investors have struggled, the constant back-and-forth between the US and China on trade policies and tariffs has created an opportunity for traders, at least according to Direxion, the largest provider of leveraged ETFs. They told Benzinga that traffic to their China pages— which include the Direxion Daily CSI 300 China A Share Bear 1X Shares (NYSE: CHAD), Direxion Daily CSI 300 China A Share Bull 2X Shares (NYSE: CHAU), Direxion Daily FTSE China Bull 3X Shares (NYSE: YINN), Direxion Daily FTSE China Bear 3X (NYSE: YANG), and Daily CSI China Internet Index Bull 2X Shares (NYSE: CWEB) Shares—were all dramatically higher this summer. Looking at fund flows, which can provide clues about how traders are using ETFs, every one of those ETFs except CWEB has seen large inflows since the beginning of June, according to ETF.com. While it’s hard to discern too much from that because these funds are commonly used by institutional traders as part of larger strategies, it does tell us that money has been pouring into the funds (though we don’t know whether it’s on the long or short side).

Read Full Details

Story Sources

benzinga.com
Topics:
  • Business
  • Financial

Friday, September 07


Social Chatter

Industrial and Commercial Bank of China Ltd (HSI:1398) social chatter is higher than usual

1398
One of Trump Tower’s biggest tenants, the Industrial and Commercial Bank of China, might be leaving. The bank is owned by the Chinese government, so Trump has been making money off of China to the tune of some $1.9 million a year. https://t.co/XpuLb7Bjwj

Tuesday, September 04


Social Chatter

Industrial and Commercial Bank of China Ltd (HSI:1398) social chatter is higher than usual

1398
Industrial and Commercial Bank of China To Embrace Blockchain Technology https://t.co/wwvSotya5c #blockchain #google #news #blockchain

Thursday, August 09


Social Chatter

Industrial and Commercial Bank of China Ltd (HSI:1398) social chatter is higher than usual

1398
Province has announced massive overhaul to ICBC. Huge changes to rates for all drivers. 67% of drivers will pay less. But those who pay more, could pay a lot more. #bcpoli https://t.co/hZaJrgkd7u

Monday, August 06


Social Chatter

Industrial and Commercial Bank of China Ltd (HSI:1398) social chatter is higher than usual

1398
The world's largest Bank- ICBC launches India Dedicated Fund. https://t.co/yD1YGR3BSS

Friday, August 03


Social Chatter

Industrial and Commercial Bank of China Ltd (HSI:1398) social chatter is higher than usual

1398
Forty per cent of B.C. drivers fail ICBC refresher course https://t.co/7ajB18xxA6