Industrial and Commercial Bank of China (1398)
5.51 HKD -0.03 (-0.54%) Volume: 191.63M
Industrial and Commercial Bank of China’s stock price is currently at 5.51 HKD, experiencing a slight dip of -0.54% in today’s trading session with a volume of 191.63M shares traded, however, demonstrating a positive YTD performance with a rise of +5.76%.
Latest developments on Industrial and Commercial Bank of China
Today, investors witnessed a sharp decline in the Hang Seng Index (HSI) as it plunged 219 points at the opening bell, causing a ripple effect on various stocks including CK Hutchison Holdings (CKH) which slipped more than 4%. This downward movement in the market has impacted the stock price of Industrial and Commercial Bank of China (ICBC) (H), as investors closely monitor the situation and make strategic decisions based on the current market conditions.
Industrial and Commercial Bank of China on Smartkarma
Analysts on Smartkarma are closely monitoring ICBC (H) as the company gears up to report its 2024 financial results on 28 March 2025. Gaudenz Schneider‘s research suggests that the expected price movement post-earnings is similar to that of a typical trading day, indicating that investment decisions might be best made after the release. Additionally, ICBC has transitioned to semi-annual dividends, offering current yields of 6.0% for H shares and 4.5% for A shares, with a history of dividend increases.
Meanwhile, John Ley’s analysis highlights a bearish sentiment in the options market, with single stock put volumes on the rise, particularly in the financial sector with heavy put trading in ICBC. The put call ratio has exceeded 1 for the first time since November, indicating a cautious outlook. 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 shown in Ley’s recent research on Smartkarma.
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
Based on Smartkarma Smart Scores, Industrial and Commercial Bank of China (ICBC) shows a promising long-term outlook. With strong scores in Dividend and Growth, ICBC is positioned well to provide returns to its investors while continuing to expand its operations. The company’s Value and Momentum scores also indicate a solid foundation and positive market sentiment, further bolstering its outlook.
Despite a slightly lower score in Resilience, ICBC’s overall performance in the Smartkarma Smart Scores suggests a steady and reliable financial institution. As one of the largest banks in China, ICBC’s diverse range of banking services for individuals, enterprises, and other clients positions it well for future growth and stability in the banking industry.
Summary: Industrial and Commercial Bank of China Limited provides banking services, including deposits, loans, fund underwriting, foreign currency settlement, and other services to individuals, enterprises, and other clients.
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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