What Kind Of Investor Owns Most Of Industrial and Commercial Bank of China Limited (HKG:1398)?
This implies the analysts working for those institutions have looked at the stock and they like it. But just like anyone else, they could be wrong. If multiple institutions change their view on a stock at the same time, you could see the share price drop fast. The company’s largest shareholder is Central Huijin Investment Ltd., with ownership of 35%, With 31% and 5.9% of the shares outstanding respectively, Ministry of Finance People’s Republic of China and National Council for Social Security Fund are the second and third largest shareholders. Further, we found that the top 2 shareholders have a combined ownership of 66% in the company, meaning that they are powerful enough to influence the decisions of the company. While studying institutional ownership for a company can add value to your research, it is also a good practice to research analyst recommendations to get a deeper understand of a stock’s expected performance. Our most recent data indicates that insiders own less than 1% of Industrial and Commercial Bank of China Limited. As it is a large company, we’d only expect insiders to own a small percentage of it. But it’s worth noting that they own HK$11k worth of shares.