Industrial and Commercial Bank of China Limited (ICBC)

Industrial and Commercial Bank of China Limited (ICBC) is a Beijing-based Chinese commercial bank whose controlling stake belongs to entities linked to the Chinese state. The bank's H shares trade on the Hong Kong Stock Exchange under the code 1398, and its A shares trade on the Shanghai Stock Exchange. The price on Lzzo.com reflects the H shares in Hong Kong.

ICBC offers corporate clients business and project loans, trade finance and cash management, and offers individual customers deposits, mortgages, credit cards and wealth management services. Its treasury operations also include bond investments and money market transactions. Besides its extensive branch network in China, the bank carries out international banking through overseas branches and subsidiaries; it also has a subsidiary in Turkey operating under the name ICBC Turkey.

Prominent themes for Chinese bank stocks include the net interest margin, the interest rate decisions of the People's Bank of China, the quality of loans extended to the real estate sector and local governments, and capital adequacy. On Lzzo.com, ICBC stock is shown in US dollars rather than Hong Kong dollars; a historical chart and technical indicators are also on the page.