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IDCBF News and Press, Industrial & Coml Bk H Sh From 08/31/20

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Company Name: Industrial & Coml Bk H Sh
Stock Symbol: IDCBF
Market: OTC

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IDCBF - China's largest banks post worst profit decline in more than a decade

Five of China's biggest banks, which account for more than one-third of the industry's total assets, all said net profit fell more than 10% year-over-year in the first half of 2020, according to new stock exchange filings. More news on: Industrial and Commercial Bank of China Limited, Agri...

IDCBF - Chinese Internet Stocks Demonstrate High Resilience But Brace For Correction Anyway

By ALT Perspective Investors took Friday's jobs report as marking a turnaround from the COVID-19 downturn, enabling the stock market to end the week even stronger, building on gains from the first four trading sessions of June. The nationwide hiring surge last month led to an improveme...

IDCBF - JPMorgan takes on world's largest bank with entry into China

JPMorgan Chase ( JPM -0.3% ) vows to take its "full force" to China, bringing it  in direct competition with state-run Industrial Commercial Bank of China ( OTCPK:IDCBF ), the dominant player in China and the world's largest bank, Bloomberg reports. More news on: JPMorgan Chase &am...

IDCBF - JPMorgan moves to No. 2 in Forbes Global 2000 list

In Forbes annual ranking of the world's largest public companies, Industrial and Commercial Bank of China ( OTCPK:IDCBF -1.4% ) retains the top spot for the seventh straight year. More news on: Industrial and Commercial Bank of China Limited, JPMorgan Chase & Co., China Construct...

IDCBF - New chief at Industrial & Commercial Bank of China: Bloomberg

A new chief is expected to be named at Industrial & Commercial Bank of China ( OTCPK:IDCBF ), the world's biggest bank by assets, Bloomberg reports, citing people familiar with the matter. More news on: Industrial and Commercial Bank of China Limited, Industrial and Commercial Bank o...

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