Industrial and Commercial Bank of China (1398)
5.54 HKD +0.05 (+0.91%) Volume: 421.96M
Industrial and Commercial Bank of China’s stock price shows robust performance at 5.54 HKD, marking a promising +0.91% change this trading session with a substantial trading volume of 421.96M, reflecting a positive YTD change of +6.33%, indicating a lucrative investment opportunity in the banking sector.
Latest developments on Industrial and Commercial Bank of China
Today, the stock price of ICBC (H) has been influenced by the broader market conditions, with the Hang Seng Index (HSI) plunging 219 points at the opening bell. This significant drop in the HSI has had a negative impact on various stocks, including CKH, which has slipped more than 4%. As a result, investors are closely monitoring the movements of ICBC (H) stock today, as they navigate through the volatility in the market. Stay tuned for further updates on how these events may continue to shape the stock price of ICBC (H) throughout the trading day.
Industrial and Commercial Bank of China on Smartkarma
Analysts on Smartkarma are closely monitoring ICBC (H) as the company is set to report its 2024 financial results on 28 March 2025. Gaudenz Schneider, in a bullish report, expects the price movement to be similar to a typical trading day post-earnings release. ICBC has also switched to semi-annual dividends, offering current yields of 6.0% for H shares and 4.5% for A shares.
On the other hand, John Ley’s bearish outlook highlights a rise in single stock put volumes, particularly with ICBC, pushing the put call ratio over 1 for the first time since November. Heavy put trading in the financial sector indicates a cautious sentiment towards ICBC. Despite this, trading volumes in single stocks have been dominated by call volumes, with the Put/Call ratio at its 3rd lowest level since early November, as outlined in Ley’s bullish report on EQD | Hong Kong Single Stock Options.
A look at Industrial and Commercial Bank of China Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 5 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 4.0 |
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
Looking at the Smartkarma Smart Scores for ICBC (H), the company seems to have a positive long-term outlook. With high scores in Dividend and Growth, investors may see potential for good returns in the future. Additionally, the Value and Momentum scores suggest that the company is performing well in terms of its market value and overall growth. However, the Resilience score of 3 indicates that there may be some areas of concern regarding the company’s ability to withstand economic challenges.
Industrial and Commercial Bank of China Limited, known for providing banking services, seems to be in a strong position based on the Smartkarma Smart Scores. With a focus on deposits, loans, fund underwriting, and foreign currency settlement, the company caters to a wide range of clients including individuals and enterprises. Overall, the high scores in Dividend, Growth, Value, and Momentum indicate that ICBC (H) is well-positioned for future success in the banking industry.
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.
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