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The latest announcement is out from Industrial and Commercial Bank of China ( (HK:1398) ).
The Industrial and Commercial Bank of China Limited held a Board of Directors meeting on February 14, 2025, where key resolutions were passed. The board approved the Inclusive Finance Business Operation Plan and the Fixed Asset Investment Budget for 2025, which will be presented at the Shareholders’ General Meeting. Additionally, Mr. Dong Yang was nominated for re-election as a non-executive director, ensuring continuity in ICBC’s strategic committees. These decisions reflect ICBC’s commitment to inclusive growth and strategic investments, potentially strengthening its market positioning and operational stability.
More about Industrial and Commercial Bank of China
Industrial and Commercial Bank of China (ICBC) is a joint stock limited company incorporated in China. It operates within the banking and financial services industry, providing a range of financial products and services. The company is focused on expanding its inclusive finance operations and managing fixed asset investments. ICBC holds significant market presence in China and aims to maintain robust corporate governance.
YTD Price Performance: 18.67%
Average Trading Volume: 23,639
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $320.1B
See more data about 1398 stock on TipRanks’ Stock Analysis page.
