36 stories mentioning SHA:601398Updated 3d ago
Every FINWIRES story that references SHA:601398, newest first.
Industrial and Commercial Bank of China (SHA:601398, HKG:1398) completed the issue of 60 billion yuan of bonds.The 10-year bonds carry a 1.88% interest rate, and the issuer has a conditional redemption right at the end of the fifth year, according to a Monday Hong Kong bourse filing.The lender will use proceeds to boost its tier 2 capital.
Industrial and Commercial Bank of China (SHA:601398, HKG:1398) completed the issuance of 20 billion yuan in perpetual capital bonds on July 10, according to a Friday filing with the Shanghai Stock Exchange.The third tranche of the lender's 2026 Bond Connect series carries an initial coupon rate of 1.89% for the first five years and is subject to adjustment every five years.The bank can conditionally redeem the bonds on each interest payment date starting from the fifth year.ICBC will use the proceeds to supplement its additional Tier 1 capital.
GuocoLand (SGX:F17) has secured a SG$634.7 million green club facility from Oversea-Chinese Banking Corporation (SGX:O39) and Industrial and Commercial Bank of China's ( HKG:1398, SHA:601398) Singapore branch, according to a Thursday filing to the Singapore bourse.The financing is aligned with GuocoLand's Green Finance Framework and will fund the future residential development at its Lentor Central site, which was awarded in March.The Lentor Central project is expected to be launched in the first half of 2027.
The U.K. is looking to increase services exports to China through a "trade booster" initiative that will be discussed during the 15th UK-China Joint Economic and Trade Commission, or JETCO, on July 2, the U.K. government said Monday.HSBC (HKG:0005), JD.com (HKG:9618), and Industrial and Commercial Bank of China (HKG:1398, SHA:601398) are among the 200 businesses joining JETCO.While the U.K. is the second-largest services exporter worldwide, China is only the ninth-largest service export destination, the U.K. government said.
Industrial and Commercial Bank of China (SHA:601398, HKG:1398) fully redeemed bonds worth 38 billion yuan, according to a Hong Kong filing on Tuesday.The lender's Hong Kong shares fell 3% during Wednesday's morning trade.The bonds were issued in 2011.
Industrial and Commercial Bank of China (SHA:601398, HKG:1398) filed for the listing of two series of bonds on the Hong Kong bourse.The listed bonds comprise 2.8 billion yuan of 1.64% bonds due in 2029 and $300 million worth of floating-rate bonds due in 2029.The debt securities were issued by ICBC's Dubai branch, according to a Monday bourse filing.Their listing on the Hong Kong bourse took effect on June 22. The aforementioned bonds also commenced trading on the London Stock Exchange and Nasdaq Dubai.
Industrial and Commercial Bank of China (SHA:601398, HKG:1398) issued Tier 2 capital bonds worth 50 billion yuan, according to a Hong Kong bourse disclosure on Monday.The bank's Shanghai shares dropped 2% during Tuesday's midday trade.The fixed-rate bond has an interest rate of 1.95% and a term of ten years, with the ICBC given the option to redeem the bond at the end of the fifth year.The proceeds of the issuance will be used to boost the bank's tier 2 capital.
Industrial and Commercial Bank of China (SHA:601398, HKG:1398) completed the full redemption of tier 1 capital bonds issued in 2021, according to a Wednesday filing with the Shanghai bourse.The bank issued 70 billion yuan of the tier 1 capital bonds from June 4 to 8, 2021, and the bonds were redeemable in full at face value at the dividend payment date on the fifth year of interest accrual.Shares rose 2% in Shanghai 1% in Hong Kong during afternoon trading on Wednesday.
Industrial and Commercial Bank of China (SHA:601398, HKG:1398)has finalized the issuance of its 2026 Undated Additional Tier 1 Capital Bonds (Series 2) in the national interbank bond market.The bookrunning took place on June 4, with issuance completed by June 8, raising 20 billion yuan, according to a filing with the Hong Kong Stock Exchange.The bonds carry an initial distribution rate of 1.89% for the first five years, with adjustments every five years thereafter, and the bank holds conditional redemption rights starting from the fifth year.Proceeds will be used to replenish the bank's additional tier 1 capital, subject to regulatory approvals.
Industrial and Commercial Bank of China (SHA:601398) raised 60 billion yuan via the issue of 10-year bonds with a coupon rate of 1.90%.Proceeds will be used to replenish capital, according to a Monday filing with the Shanghai bourse.
Guocheng Mining (SHE:000688) proposed to acquire 40% of Inner Mongolia Guocheng Industrial, according to a Shenzhen bourse filing on Saturday.The Chinese mining company dropped 3% during Monday's afternoon trade.The stake will be bought from CITIC Trust.The company plans to apply for a loan amounting to 1.70 billion yuan with Industrial and Commercial Bank of China (HKG:1398, SHA:601398) to pay the consideration for the acquisition.
Industrial and Commercial Bank of China (HKG:1398, SHA:601398) or ICBC completed the issue of 50 billion yuan of four-year bonds carrying an interest rate of 1.79%, according to a Wednesday Hong Kong bourse filing.The lender has a conditional redemption right at the end of the third year.The firm intends to use proceeds to improve its total loss-absorbing capacity.
Industrial and Commercial Bank of China (HKG:1398, SHA:601398) posted net profit attributable to equity holders of the parent of 86.9 billion yuan in the first quarter, up 3.3% from 84.2 billion yuan a year earlier, according to a Wednesday Hong Kong bourse filing.Earnings per share came in at 0.24 yuan from 0.23 yuan a year earlier.Operating income rose 8.5% to 222.0 billion yuan from 204.7 billion yuan in the prior-year period.
Industrial and Commercial Bank of China (HKG:1398, SHA:601398) or ICBC completed the issue of 30 billion yuan of undated bonds in the National Interbank Bond Market, according to a Monday Hong Kong bourse filing.The bonds have a distribution rate of 2.01% during the first five years, after which it will be adjusted every five years.The firm will have conditional redemption rights on each distribution payment date from the fifth anniversary.The lender will use the proceeds to replenish its additional tier 1 capital.
China Eastern Airlines (SHA:600115, HKG:0670) received a letter of commitment from Industrial and Commercial Bank of China (HKG:1398, SHA:601398) for a 900-million yuan loan for the airline's stock repurchase program.The loan has a three-year term and will expire on the date the airline will sign a financing contract with ICBC, according to a Saturday filing with the Shanghai bourse.
Industrial and Commercial Bank of China (HKG:1398, SHA:601398) completed the issue of 50 billion yuan of bonds in the National Interbank Bond Market, according to a Friday Hong Kong bourse filing.The tranche of bonds carries a fixed interest rate of 2% and will fall due in 10 years. The issue has a conditional redemption right at the end of the fifth year.The lender will use proceeds to boost its tier 2 capital.
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