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The latest announcement is out from Industrial and Commercial Bank of China ( (HK:1398) ).
The Board of Directors of ICBC held a meeting to approve several key proposals for the year 2024, including the audited accounts, profit distribution plan, annual report, capital management disclosure, and sustainability report. All proposals were unanimously approved, reflecting the bank’s commitment to transparency and sustainable growth, and will be submitted to the Shareholders’ General Meeting for further consideration.
More about Industrial and Commercial Bank of China
Industrial and Commercial Bank of China Limited (ICBC) is a major banking institution in China, providing a wide range of financial services including corporate banking, personal banking, and treasury operations. It is a joint stock limited company with a significant presence in the financial sector, focusing on sustainable development and compliance with relevant laws and regulations.
YTD Price Performance: 18.17%
Average Trading Volume: 21,637
Technical Sentiment Signal: Sell
Current Market Cap: $316.8B
Learn more about 1398 stock on TipRanks’ Stock Analysis page.
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