Industrial & Commercial Bank of China Ltd

1398-HK

HKG:1398

5.43
0.01 (0.18%)
Industrial and Commercial Bank of China Limited is a Chinese multinational banking company. It is the largest bank in China, and the largest bank in the world by total assets, deposits, loans, number of customers and number of employees. It is one of China's "Big Four" state-owned commercial banks.
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Analysis and Opinions about 1398-HK

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
January 30, 2014

Fundamentally, do you really want to own Chinese banks here right now? A lot of the big banks in China actually have big government stakes and they have to invest in the growing portions of Chinese economy. Banking regulations for new banks have been very difficult to get. There are obviously some well-publicized issues with regards to the Chinese banking sector. This is a very risky bet. He would stay away from all the Chinese banks.

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Fundamentally, do you really want to own Chinese banks here right now? A lot of the big banks in China actually have big government stakes and they have to invest in the growing portions of Chinese economy. Banking regulations for new banks have been very difficult to get. There are obviously some well-publicized issues with regards to the Chinese banking sector. This is a very risky bet. He would stay away from all the Chinese banks.

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Industrial & Commercial Bank of China Ltd(1398-HK) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for Industrial & Commercial Bank of China Ltd is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Industrial & Commercial Bank of China Ltd(1398-HK) Frequently Asked Questions

What is Industrial & Commercial Bank of China Ltd stock symbol?

Industrial & Commercial Bank of China Ltd is a OTC stock, trading under the symbol 1398-HK on the (). It is usually referred to as or 1398-HK

Is Industrial & Commercial Bank of China Ltd a buy or a sell?

In the last year, there was no coverage of Industrial & Commercial Bank of China Ltd published on Stockchase.

Is Industrial & Commercial Bank of China Ltd a good investment or a top pick?

Industrial & Commercial Bank of China Ltd was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Industrial & Commercial Bank of China Ltd.

Why is Industrial & Commercial Bank of China Ltd stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Industrial & Commercial Bank of China Ltd worth watching?

In the last year 0 stock analyst on Stockchase covered Industrial & Commercial Bank of China Ltd. The stock is worth watching.

What is Industrial & Commercial Bank of China Ltd stock price?

On 2019-10-21, Industrial & Commercial Bank of China Ltd (1398-HK) stock closed at a price of $5.43.