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ICBC Completes Redemption and Delisting of USD Offshore Preference Shares

Story Highlights
  • ICBC successfully redeemed its USD Offshore Preference Shares on September 23, 2025.
  • The bank has applied to delist these shares from the Hong Kong Stock Exchange, effective September 24, 2025.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
ICBC Completes Redemption and Delisting of USD Offshore Preference Shares

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Industrial and Commercial Bank of China ( (HK:1398) ) has shared an update.

Industrial and Commercial Bank of China Limited announced the successful redemption of its USD Offshore Preference Shares, which were fully redeemed on September 23, 2025. Following this redemption, the bank has applied to delist these shares from the Hong Kong Stock Exchange, effective September 24, 2025, marking a significant step in its financial operations.

The most recent analyst rating on (HK:1398) stock is a Buy with a HK$7.95 price target. To see the full list of analyst forecasts on Industrial and Commercial Bank of China stock, see the HK:1398 Stock Forecast page.

More about Industrial and Commercial Bank of China

Industrial and Commercial Bank of China Limited is a major financial institution in the People’s Republic of China, primarily engaged in providing a wide range of banking services. It operates in the banking industry with a focus on both domestic and international markets, offering products such as loans, deposits, and investment services.

Average Trading Volume: 222,858,912

Technical Sentiment Signal: Buy

Current Market Cap: HK$2612B

For detailed information about 1398 stock, go to TipRanks’ Stock Analysis page.

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