Trade Industrial and Commercial Bank of China Limited - 1398 CFD

Trading Conditions

• TypeThis financial instrument is available for trading through CFDs and Knock-outs.Knock-out options available only for selected countries.Learn more about:CFDsKnock-outs:
  CFD

  

  Knock-out

  
• Spread: 0.03
• Long position overnight funding adjustmentLong position overnight funding adjustmentMargin. Your investmentHK$1,000.00Overnight funding adjustmentCharges from full value of position-0.018528 %(-HK$0.93)Trade size with leverage ~ HK$5,000.00Money from leverage ~HK$4,000.00Go to platform: -0.01853%
• Short position overnight funding adjustmentShort position overnight funding adjustmentMargin. Your investmentHK$1,000.00Overnight funding adjustmentCharges from full value of position-0.00339 %(-HK$0.17)Trade size with leverage ~ HK$5,000.00Money from leverage ~HK$4,000.00Go to platform: -0.00339%
• Overnight funding adjustment time: 21:00 (UTC)
• Currency: HKD
• Min traded quantity: 10
• Margin: 20.00%
• Stock exchange: Hong Kong
• Commission on trade: 0%
• Guaranteed stop premiumA guaranteed stop-loss (GSL) fee is only charged if the GSL is triggered. Please consult the Charges and Fees section of our website for more details.: 1%

• Margin. Your investment: HK$1,000.00
• Overnight funding adjustmentCharges from full value of position: -0.018528 %
  (-HK$0.93)

• Margin. Your investment: HK$1,000.00
• Overnight funding adjustmentCharges from full value of position: -0.00339 %
  (-HK$0.17)

Key Stats

• Prev. Close: 6.42
• Open: 6.46
• 1-Year Change: 5.56%
• Day's Range: 6.41 - 6.48

Trade Industrial and Commercial Bank of China Limited - 1398

About Industrial and Commrcl Bank of China Ltd

Industrial and Commercial Bank of China Ltd is a China-based company principally engaged in the provision of banking and related financial services. The Bank mainly operates three segments, including Corporate Banking segment, Personal Banking segment and Treasury segment. The Corporate Banking segment provides loan, trade financing, deposit, corporate finance, custody and other related financial products and services to enterprises, government agencies and financial institutions. The Personal Banking segment provides loan, deposit, bank card, personal finance and other related financial products and services to individual customers. Treasury segment includes money markets business, securities investment business, self and valet foreign exchange trading and derivative financial instruments business. The Company conducts its businesses within domestic and overseas markets.

Financial summary

BRIEF: For the nine months ended 30 September 2021,Industrial and Commrcl Bank of China Ltd interest incomeincreased 5% to RMB858.47B. Net interest income after loanloss provision increased 9% to RMB331.83B. Net incomeincreased 10% to RMB251.82B. Net interest income after loanloss provision reflects increase in interest earning assetsand decrease in interest bearing liabilities. Net incomebenefited from Other operating income.

Equity composition

11/2010, Rights Issue, .45 new shares for every 10 sharesheld @ HKD 3.49 (Factor: 1.019264)A shares:11/2010, Rights Issue, 0.45 new shares for every10 shares held @ CNY 2.99 ( Factor=1.017616)