ICBC targeted RMB 100 billion, and Industrial and Commercial Bank of China stock costs EUR 0.86
Published on 10/12/2026 at 09:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- ICBC targeted a RMB 100 billion private placement approved on September 6, 2026.
- Second-quarter 2026 revenue rose 5.8 percent to CNY 166.46 billion, while net income reached CNY 82.33 billion.
- Industrial and Commercial Bank of China stock stood at EUR 0.86 at Lang & Schwarz on October 12, 2026 at 9:45 a.m. CEST.
- Third-quarter 2026 results are scheduled for October 31, 2026, followed by the interim dividend payment on November 25, 2026.
Industrial and Commercial Bank of China (CNE1000003G1) was trading at EUR 0.86 at Lang & Schwarz on October 12, 2026 at 9:45 a.m. CEST. On September 6, 2026, the bank's board approved a private placement of up to RMB 100 billion, according to Simply Wall St.
Three events shape the bank
Industrial and Commercial Bank of China reported second-quarter 2026 revenue of CNY 166.46 billion and net income of CNY 82.33 billion. Revenue increased 5.8 percent from CNY 157.36 billion in the second quarter of 2025, while net income fell 1.9 percent, according to Simply Wall St.
On September 6, 2026, the planned RMB 100 billion placement was tied to balance-sheet strengthening and higher lending capacity. The trade-off is potential dilution for existing shareholders, while additional capital could give the bank more room to absorb credit losses, as Simply Wall St reported.
What does the capital raise change?
The funding plan matters because the second-quarter net margin was 49.5 percent, down from 51.0 percent a year earlier. That combination of 5.8 percent revenue growth and a lower margin places capital strength and credit quality alongside earnings growth in the bank's valuation story.
Upcoming results and dividend
Industrial and Commercial Bank of China is scheduled to report third-quarter 2026 results on October 31, 2026. The bank's 2026 interim cash dividend is RMB 1.511 per 10 shares, with payment for H shares scheduled for November 25, 2026, according to Simply Wall St.
On the Hong Kong Stock Exchange, ticker 1398, the stock's 52-week range was HKD 5.56 to HKD 7.77, and market capitalization was HKD 3.6 trillion as of October 12, 2026. The range gives the current euro quote a market context, while the upcoming results provide the next scheduled test of the bank's margin and capital outlook.
The further course of trading is shown by the continuously updated real-time quote of Industrial and Commercial Bank of China stock.
Industrial and Commercial Bank of China stock facts
- Company: Industrial and Commercial Bank of China Limited
- ISIN: CNE1000003G1
- Ticker: 1398
- Primary exchange: Hong Kong Stock Exchange
- Price Lang & Schwarz as of October 12, 2026, 9:45 a.m. CEST: EUR 0.86
- Market capitalization: HKD 3.6 trillion as of October 12, 2026
- 52-week range: HKD 5.56-7.77
- Sector / Industry: Banks
- Next earnings date: October 31, 2026
Market context: Latest market reports.
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