Industrial and Commercial Bank of China (1398)
5.44 HKD +0.04 (+0.74%) Volume: 158.16M
Industrial and Commercial Bank of China’s stock price is currently performing at 5.44 HKD, marking a positive trading session with a percentage change of +0.74%. The bank’s robust trading volume stands at 158.16M, reflecting its strong market presence. With a promising percentage change YTD of +4.41%, ICBC’s stock performance indicates a steady growth trend, making it a potential investment opportunity in the banking sector.
Latest developments on Industrial and Commercial Bank of China
ICBC (H) stock price saw fluctuations today as a result of various factors. The company’s announcement of a new partnership with a major tech firm boosted investor confidence, leading to an initial surge in stock value. However, concerns over global economic instability and trade tensions caused the stock to dip later in the day. Analysts are closely monitoring the situation and predicting further movements in the coming days based on market trends and company performance.
Industrial and Commercial Bank of China on Smartkarma
Analysts on Smartkarma have provided coverage on ICBC (H) with varying sentiments. John Ley, in his report “ICBC (1398.HK) Earnings: Volatility Pricing, Post-Release Trade Setup & Tactical Hedge,” suggests hedging into ICBC’s upcoming earnings event based on historical behavior and current volatility levels. On the other hand, Gaudenz Schneider, in the report “ICBC (1398 HK) Earnings on 28 Mar: Anticipated Price Move and Strategy,” anticipates a price movement similar to a typical trading day after ICBC reports its annual 2024 financial results on 28 March 2025. Additionally, John Ley‘s analysis in “EQD | Hong Kong Single Stock Options Weekly Dec 30 – Jan 03” and “EQD | Hong Kong Single Stock Options Weekly December 23 – 27” highlights the increase in put volumes and call volumes respectively, providing insights into trading trends in the financial sector, particularly with ICBC.
A look at Industrial and Commercial Bank of China Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 5 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 4.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
According to Smartkarma Smart Scores, Industrial and Commercial Bank of China (ICBC) (H) has a positive long-term outlook. With high scores in Dividend and Momentum, the company is seen as a strong player in the banking industry. ICBC (H) is known for providing banking services such as deposits, loans, fund underwriting, and foreign currency settlement to a wide range of clients, including individuals and enterprises. Its solid performance in terms of value, growth, resilience, and momentum indicates a promising future ahead.
Industrial and Commercial Bank of China (ICBC) (H) has received impressive scores across various key factors, pointing towards a bright future for the company. With a strong emphasis on dividends and momentum, ICBC (H) stands out as a reliable player in the banking sector. By offering a range of banking services to individuals, enterprises, and other clients, the company has established itself as a reputable institution in the industry. Its consistent performance in value, growth, resilience, and momentum bodes well for its long-term success.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
