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Business Times - Malaysia
Nov 4
Comment
Malaysia will issue a banking permit to Industrial and Commercial Bank of China Ltd as it seeks to boost foreign direct investment, according to two people with knowledge of the matter.
Malaysia's central bank and government are in the process of...
MarketWatch
Oct 30
Comment
Shares of Bank of China and Industrial & Commercial Bank of China jumped in Hong Kong trading after both banks reported a 19% rise in third-quarter profit.
Wall Street Journal
Oct 29
Comment
Industrial & Commercial Bank of China reported a 19% rise in third-quarter net profit as a pickup in China's economic growth continued to drive demand for loans.
Bloomberg
Oct 20
Comment
(Update1) Allianz SE and American Express Co.
plan to keep their Industrial & Commercial Bank of China Ltd.
stakes, which have a combined value of about $3.1 billion, past
a lockup on the holdings that expires today.
Reuters
Oct 19
Comment
American Express Co will keep its 0.19 percent stake in China's largest bank, ICBC , signaling the credit card company has left the worst of the financial crisis behind.
Financial Times
Oct 18
Comment
Industrial and Commercial Bank of China is expected to expand its share of a fund management joint venture with Credit Suisse in a sign of consolidation in the industry
MarketWatch
Oct 16
Comment
ICBC and China Construction Bank are reportedly likely to get the go ahead from Chinese authorities to invest in Taiwanese banks, potentially taking stakes of up to 20%.
Finance Asia
Oct 1
Comment
ICBC, mainland China's largest lender by market capitalisation, agrees to pay up to $545 million for Thailand's ACL Bank and launches its first-ever tender offer.
Financial Times
Sep 30
Comment
Industrial and Commercial Bank of China plans to take a controlling stake in Thailand's ACL Bank in the first tentative foray abroad by a Chinese financial institution since the onset of the global financial crisis
Banking Business Review
Sep 28
Comment
Chip cards perform banking functions of magnetic-stripe cards as well as functions such as offline transactions, contactless transactions, member management and loyalty programs
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- Bank of East Asia Limited (HKG:0023)
- Industrial Bank Co., Ltd. (601166-SH)
- IShares Trust FTSE-Xinhua China 25 Index Fund (FXI)
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