Industrial And Commercial Bank Of China

May 26, 2012

OVERVIEW | NEWS | MULTIMEDIA | RESEARCH

Industrial And Commercial Bank Of China Company Summary

Since its foundation in 1984, Industrial and Commercial Bank of China has fully undertaken industrial and commercial credits and savings businesses which were originally transacted by People's Bank of China, therefore it has taken on the responsibility of accumulating the social wealth and supporting the national construction.

COMPANY DATA

	Principal Sector	Finance

	Principal Industry	Banks & Insurance

	Homepage	www.icbc.com.cn

Key Developments: Industrial And Commercial Bank Of China

	Seven Group Holdings (ASX:SVW) Applied for Shares in Agricultural Bank of China IPO JUNE 23, 2010 12:22 - Article Views: 3,389 Australian media mogul Kerry Stokes' Seven Group Holdings (ASX:SVW) confirmed it has applied for shares in Agricultural Bank of China's (AgBank) massive initial public offering (IPO) and expects a decision shortly. The maximum value applied for is US$250 million.

	Asian Markets Overview of March 26, 2010: Itochu (TYO:8001) to Buy 15% Stake In Kalahari (LON:KAH) MAR 26, 2010 13:30 - Article Views: 4,382 Wall Street Thursday closed with little change after the market trimmed its early gains. US stocks rose for most of the session, but in the afternoon the market declined as falls in crude oil future hit the energy shares. Higher metal price could help the Asian markets Friday to offset some negative sentiment that cut gains on Wall Street. Asian bourses ended mixed Thursday while fiscal concerns in euro zone persist. Hong Kong and Shanghai markets lost more than 1 per cent each. However, Japan's Nikkei 225 Average added 0.1 per cent, South Korea's Kospi rose 0.4% and Taiwan's Taiex finished 0.2% higher.

	Asian Markets Overview of March 2 MAR 2, 2010 13:30 - Article Views: 3,866 Asian markets are expected to rise today as Wall Street rallied overnight on improved data of manufacturing employment in the US and a takeover of American International Group's Asian arm by British insurer Prudential. Resources shares in Asia were up on Monday as the massive earthquake in Chile raised concerns on copper supplies. Asian markets closed mostly higher yesterday. Japan's Nikkei rose 0.5 per cent, lifted by a rise in non-ferrous metal shares. Hong Kong's Hang Seng Index gained 2.2 per cent and China's Shanghai Composite added 1.2 per cent on expectations Beijing may retain an appropriately loose monetary policy at the upcoming meeting of the National People's Congress.

	Asian Markets Overview of January 27 JAN 27, 2010 13:30 - Article Views: 5,864 U.S. stocks closed slightly lower on Tuesday, giving up early gains boosted by consumer confidence data and strong earnings from Apple. Investors remained cautious as there were continued concerns over bank regulation plans.

	Asian Markets Overview of April 24 APR 24, 2009 15:00 - Article Views: 8,001 Asian markets Friday opened mixed. Japan's Nikkei traded lower in the morning, but the Japanese financial stocks surged after the rise on Wall Street overnight. Hong Kong opened flat as investors were cautious ahead of the earnings reports.

	Asian Market Overview of March 26 MAR 26, 2009 15:40 - Article Views: 7,183 Most Asian markets opened firmer Thursday following Wall Street's rebound overnight lifted by better-than-expected economic figures.

	Asian Markets Overview of March 24 MAR 24, 2009 15:00 - Article Views: 5,346 All major indices in Asia opened significantly higher as the US government's plan on bad debts fires up investors' sentiment. Some markets rose 3% or more on Monday and extended their strong rising streak today with financial stocks react the most.

	Asian Markets Overview of March 13 MAR 13, 2009 15:00 - Article Views: 6,732 Most Asian markets ended lower Thursday, giving up gains from the previous session. Japan's Nikkei 225 finished down 2.4% as exporters were hit by the stronger yen. Other major indexes including China's Shanghai Composite, Hong Kong's Hang Seng Index and South Korea's Kospi ended with rather small changes as investors were not confident to the economic outlook and waiting for a clear picture.

	Asian Markets Overview of March 9 MAR 9, 2009 15:00 - Article Views: 5,546 Most Asian markets ended lower on Friday, following the massive slump on Wall Street in previous trading session. Investors also remained cautious before a key U.S. report on the jobs market. In major indexes, Japan's Nikkei 225 Average saw a biggest fall of 3.5%. Hong Kong's Hang Seng Index ended down 2.4%, while Shanghai Composite fell 1.3%.

	Asian Markets Overview of February 3 FEB 3, 2009 15:30 - Article Views: 5,153 Most Asian markets were hammered Monday over the concerns that the global recession is deepening. Hong Kong shares plunged sharply, even as mainland-Chinese shares gained after the Chinese New Year holidays. In Tokyo, some of Japan's biggest industrial companies fell to multiyear lows. China's Shanghai Composite contrasted other major indexes with 1 per cent surge as agricultural sector was strengthened after the Chinese government announced measures to prevent grain production from falling.