ICBC
The world's largest bank by assets, owned mostly by the Chinese state. It handles deposits and loans for huge numbers of Chinese people and companies.
Returns shown in USD. Past performance is not a reliable guide to future results. Owning a single stock is riskier than a diversified fund.
Available on Interactive Brokers
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Frequently asked questions
Can I buy 1398.HK on Interactive Brokers?
Yes. ICBC (1398.HK) is a China company available to investors worldwide through Interactive Brokers (IBKR), which is a popular low-cost way to buy overseas shares thanks to its low FX conversion cost and low trading commissions.
What does ICBC do?
The world's largest bank by assets, owned mostly by the Chinese state. It handles deposits and loans for huge numbers of Chinese people and companies.
What currency does 1398.HK trade in?
1398.HK trades in HKD. On TickerCompare its chart and returns are converted to US dollars so you can compare it on the same basis as every other stock and ETF on the site.
Is 1398.HK a risky investment?
Owning a single company like ICBC is riskier than owning a diversified fund: if this one business stumbles there is nothing else in the holding to cushion it, and single stocks can swing far more than a broad ETF. Most beginners keep individual names to a small slice of a mostly fund-based portfolio.