Industrial and Commercial Bank of China Ltd.
Provides retail and corporate banking services, wealth management, treasury operations, and insurance products across China and internationally.
As of Jul 17, 2026
Executive summary
Industrial and Commercial Bank of China Ltd. is one of the world's largest banks, offering retail and commercial banking services across China and internationally. The stock is trading with a bullish technical bias at HK$6.91 and has gained 18.5% over the past year, though it has retreated 3.9% in the last month. The company carries a market capitalisation of HK$2.47 trillion.
Price history
As of Jul 17, 2026
Performance
+0.44%
+3.75%
-3.89%
+1.70%
+13.02%
+18.51%
As of Jul 17, 2026
Technical indicators
- 57.1
- 0.04Bullish
- 50: 6.82 · 200: 6.31Bullish
- HK$6.29 / HK$7.29
Technical Bias
Bullish lean
Industrial and Commercial Bank of China Ltd trades at HK$6.91, positioned between support at HK$6.29 and resistance at HK$7.29. The technical read leans bullish: MACD is positive at 0.04, the 50-day moving average (6.82) sits above the 200-day (6.31), whilst RSI at 57.1 remains neutral. This is a derived technical read, not a recommendation.
A transparent read of the indicators below — not a prediction or recommendation.
As of Jul 17, 2026
Fundamentals
- HK$2.47T
- 5.86
- HK$1.01
- 55.15%
- +3.4%
- HK$410B
- 0.13
- HK$5.27 – HK$7.29
- 5.08%
- May 4, 2026
- Aug 27, 2026 (39 days)
As of Jul 18, 2026
Upcoming catalysts
- Earnings report
As of Jul 18, 2026
Latest news
As of Jul 18, 2026
Short-term outlook
ICBC's short-term picture stays constructive despite the 1-month pullback of 3.9%: MACD is bullish and price sits above both the 50-day (HK$6.82) and 200-day (HK$6.31) averages, with RSI at 57.1 showing neutral, room-to-move momentum. Watch how price behaves between support at HK$6.29 and resistance at HK$7.29 over the coming weeks, with the next earnings update not due until August 27, 2026.
Medium-term outlook
Over the next few quarters, ICBC's outlook rests on steady fundamentals: modest revenue growth of 3.4%, a hefty 55.1% profit margin, and a low 5.86 P/E that points to an inexpensive valuation for a bank of its scale. Add a 5.1% dividend yield into the mix, and the current bullish technical lean suggests the market may be starting to recognise that value.
Key risks
- ICBC's low beta of 0.13 suggests limited sensitivity to broader market swings, but this can also mean the stock underreacts to positive catalysts, not just negative ones.
- The bank's revenue growth of only 3.4% year-on-year points to a challenging operating environment for expanding its core business.
- Regulatory moves to curb retail gold trading volatility highlight how Chinese authorities continue to tighten oversight of financial products, which could extend to other areas of ICBC's business.
- As a Chinese state-linked bank, ICBC remains exposed to shifts in domestic economic policy and credit conditions that are largely outside its own control.
About Industrial and Commercial Bank of China Ltd.
Industrial and Commercial Bank of China Ltd. is one of the largest banks in the world, operating in the diversified banking corner of the financial services sector. Listed on the Hong Kong Stock Exchange under the ticker 1398, the bank carries a market capitalisation of HK$2.47 trillion, underlining its scale and standing as a systemically important institution within China's financial system and across global banking more broadly.
Looking at the key figures, ICBC trades on a price-to-earnings ratio of 5.86, a level that points to a modest valuation relative to its earnings. The stock also offers a dividend yield of +5.1%, reflecting a meaningful income return for shareholders. Together, these figures give investors a snapshot of how the market currently values ICBC's earnings power and shareholder distributions.
AI-assisted research for informational purposes only — not investment advice. Figures are sourced from third-party market data and may be delayed. Do your own research before trading. Your capital is at risk.