Ind & Comm Bank of China Ltd / ICBC (1398.xhkg)

Ind & Comm Bank of China Ltd / ICBC (1398.xhkg)


Charts by TradingView

Pricing is indicative. Past performance is not a reliable indicator of future results. Log in to see latest markets data.

Ind & Comm Bank of China Ltd / ICBC (1398.xhkg) Profile

Ind & Comm Bank of China Ltd / ICBC (1398.xhkg) is a state-owned commercial bank headquartered in Beijing, China. The bank provides a comprehensive range of financial products and services to 8.6M corporate customers and 680M personal customers, gaining wide recognition in supporting pandemic containment, promoting inclusive finance, backing poverty alleviation and rural revitalisation. ICBC is the world’s largest bank with a total asset of $4.324T (USD) and has been ranked first for 7 years in a row by The Banker’s Top 1000 World Banks. ICBC’s correspondent network has expanded to 145 countries and regions with 1,502 foreign correspondent banks. It has set up 426 institutions in 47 countries and regions, including Africa, Asia, Latin America, Europe, America, and Australia. ICBC has become the first Chinese bank purchasing institutions engaged in market transaction businesses like commodities, capital and currency, capable of providing trading services in commodities, foreign exchange, interest rate, credit and equity to customers globally. ICBC employs 439,787 people, and the ICBC stock (1398.xhkg) is listed on the Shanghai Stock Exchange (SHA) and The Stock Exchange of Hong Kong Limited (HKEX) and had a market capitalisation of $259B (USD) as of December 2021. The Bank aims to keep implementing the guidelines for transformation, focus on the in-depth transformation of the business model, improve the core competitiveness and push forward the sound and sustainable development of all businesses.

Holding cost
Long
-5%
Short
-2.5%
Trading hours in US Eastern Time
Fri
04:30-07:00
08:00-11:00
Mon
04:30-07:00
08:00-11:00
Tue
04:30-07:00
08:00-11:00
Wed
04:30-07:00
08:00-11:00
Thu
04:30-07:00
08:00-11:00
Sun
Closed
Sat
Closed

Start Trading Ind & Comm Bank of China Ltd / ICBC (1398.xhkg)
with a Market Leader Today

Share CFD Trading FAQ

Each investor owning shares of a company is also owning fragments of the company. A quite simple way to explain what a stock is is basically when a company divides itself into several shares and then it makes a part of these equities available to the public, at a price. Each investor owning shares of a company is owning fragments of the company.

While shares represent units of ownership within a company Contracts for Difference (CFDs) allow traders to speculate on the future share price fluctuations of an underlying asset. Thus when trading CFDs traders do not physically own the underlying asset. CFDs are available for a range of underlying assets, such as shares, commodities, and foreign exchange, and indices.

6 Reasons to Trade Share
CFDs with FP Markets

An Australian-regulated
forex & CFD broker

Go Long or Short

Increase your ability to profit in all market conditions Leverage options up to 20:1

Direct Market Access (DMA) Execution

Real-time, transparent share prices Control, Functionality and deep liquidity Full Market depth & see your orders in the queue

Advanced Platforms
& Technology

MT4, MT5, Webtrader & Iress with superior client portal

24/5 Multilingual
Customer Support

Award winning support & personal account managers

Global Exposure

Low margins and competitive commission +10,000 products on global stocks across 4 continents

Earn Dividends

On long positions No ownership of physical shares necessary

Start Trading
in Minutes

Open an account now

bullet Access 10,000+ financial instruments
bullet Auto open & close positions
bullet News & economic calendar
bullet Technical indicators & charts
bullet Many more tools included

By supplying your email you agree to FP Markets privacy policy and receive future marketing materials from FP Markets. You can unsubscribe at any time.





Get instant Updates in Telegram
Sitemap | © FP Markets 2022