ICBC plans CNY 100 billion placement: ICBC stock trades 1.16 percent higher

Published on 10/01/2026 at 18:43 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half net profit reached CNY 176.475 billion, up 4.50 percent year on year. ICBC stock costs EUR 0.87 on October 1, 2026 after EUR 0.86.

ICBC, CNE1000003G1, Illustration mit AI erstellt.

Industrial and Commercial Bank of China (CNE1000003G1) stock was trading at EUR 0.87 at Lang & Schwarz on October 1, 2026 at 6:37 p.m. CEST, up 1.16 percent from the prior close of EUR 0.86. On September 6, 2026, ICBC planned a CNY 100 billion private A-share placement to replenish core Tier 1 capital, as MarketScreener reported.

Capital plan targets core reserves

The proposed issue would direct all net proceeds to core Tier 1 capital. The Ministry of Finance would subscribe for CNY 70 billion, while China National Tobacco Corporation and four subsidiaries would provide CNY 30 billion, according to CNBC on September 7, 2026.

The issuance would be capped at 10.00 percent of existing share capital and remains subject to regulatory approvals. That structure makes the transaction a capital-strengthening measure, but it also introduces potential dilution for existing shareholders if the full volume is issued.

Interim profit grew 4.50 percent

ICBC reported CNY 176.475 billion of net profit for the first half of 2026, up 4.50 percent year on year. Operating income reached CNY 446.163 billion, while net interest income was CNY 341.237 billion, up 8.80 percent year on year, according to FilingReader on September 24, 2026.

Total assets stood at CNY 57.071 trillion on June 30, 2026, up 6.70 percent from the prior year-end. The non-performing loan ratio was 1.29 percent, down 0.02 percentage points from the previous year-end, while the common equity Tier 1 capital ratio was 13.21 percent.

Dividend date moves to October 20

ICBC recommended an interim 2026 dividend of RMB 1.511 per 10 shares, equal to CNY 53.853 billion in total and 31.00 percent of attributable net profit. The A-share record date is October 20, 2026, with payment scheduled for October 21, according to Moomoo.

ICBC stock trades above prior close

ICBC stock was trading at EUR 0.87 at Lang & Schwarz on October 1, 2026 at 6:37 p.m. CEST, after the Xetra close and up 1.16 percent versus the Lang & Schwarz prior close of EUR 0.86 on September 30, 2026. On the Shanghai Stock Exchange, the stock was last at CNY 8.28 on September 30, 2026, within its CNY 6.85 to CNY 8.40 52-week range.