Industrial and Commercial Bank of China stock: Goldman Sachs keeps HKD 7.71 target
Published on 10/21/2026 at 15:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and interim growth
- Goldman Sachs maintained its HKD 7.71 target on September 25, 2026.
- Operating revenue rose 9.1 percent to CNY 446.16 billion in the first half of 2026.
- Industrial and Commercial Bank of China stock costs EUR 0.84 at Lang & Schwarz on October 21, 2026 at 3:06 p.m. CEST.
- The next earnings date is October 30, 2026.
Industrial and Commercial Bank of China (CNE1000003G1) remains tied to a HKD 7.71 Goldman Sachs target dated September 25, 2026, while its euro quotation stood at EUR 0.84 at Lang & Schwarz on October 21, 2026 at 3:06 p.m. CEST. According to Investing.com, Goldman Sachs kept its Hold rating and maintained the target at HKD 7.71 on September 25, 2026.
Revenue rose 9.1 percent
The bank's latest interim figures point to stronger operating income but slower profit growth. In the first half of 2026, operating revenue increased 9.1 percent year over year to CNY 446.16 billion, while net profit reached CNY 176.48 billion, up 4.5 percent. Quartr reported the figures for the first half of 2026 on September 24, 2026.
Net interest income rose 8.8 percent to CNY 341.24 billion, while net fee and commission income increased 3.3 percent to CNY 69.24 billion in the same period. The mix shows that interest income remained the larger contributor, even as fee income also expanded.
Stock stays below its yearly high
The Hong Kong-listed H-share closed at HKD 7.49 on October 20, 2026, according to the dated market quotation. Investing.com listed a 52-week range of HKD 5.91 to HKD 7.77, placing the latest close HKD 0.28 below the upper end of that range. The quoted market capitalization was HKD 2.67 trillion on the same page.
Results date sets the next marker
Investing.com names October 30, 2026 as the next earnings date. That date gives investors the next scheduled point for testing whether the first-half revenue increase and profit growth continued into the third quarter. The Goldman Sachs target remains a valuation reference in HKD, while the Lang & Schwarz quotation provides the euro perspective for investors in Germany.
Price and investor perspective
Industrial and Commercial Bank of China combines first-half operating revenue of CNY 446.16 billion with net profit of CNY 176.48 billion and a 1.29 percent non-performing-loan ratio. The figures indicate revenue growth alongside a modest increase in earnings, with asset quality remaining a central bank-investor metric.
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 21, 2026, 3:06 p.m. CEST): EUR 0.84
- 52-week range: HKD 5.91-HKD 7.77
- Market capitalization: HKD 2.7 trillion (as of October 20, 2026)
- Sector / Industry: Financial Services / Banks - Diversified
- Next earnings date: October 30, 2026
Market context: Current market reports.
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