WARSAW, Jan. 24 (Xinhua) — Poland’s largest population genomics initiative, “Genomics for Poland,” was launched on Saturday in Poznan, according to the Polish Press Agency.
Led by the Institute of Bioorganic Chemistry of the…
WARSAW, Jan. 24 (Xinhua) — Poland’s largest population genomics initiative, “Genomics for Poland,” was launched on Saturday in Poznan, according to the Polish Press Agency.
Led by the Institute of Bioorganic Chemistry of the…

Andrew Mountbatten Windsor’s life has taken a sharp turn as he loses the loyalty…
WARSAW, Jan. 24 (Xinhua) — Poland’s largest population genomics initiative, “Genomics for Poland,” was launched on Saturday in Poznan, according to the Polish Press Agency.
Led by the Institute of Bioorganic Chemistry of the Polish Academy…

Dropping Erling Haaland worked out just fine for Manchester City.
The Premier League’s most fearsome striker and top scorer was relegated to the bench on Saturday after scoring just one goal in his previous eight games, and City responded to…

JERUSALEM: Israel said Monday it would allow a “limited reopening” of the Rafah border crossing between Gaza and Egypt once it had recovered the remains of the last hostage in the Palestinian territory.
The…

The chin is one of our most familiar features, yet scientists still debate why we evolved it. Here’s a breakdown of what we know about it so far.
getty
Look at your face in the mirror, and you’ll see it instantly: the chin. This small, bony…

Belkin’s new Switch 2 charging case earns its $100 price.
Belkin’s $100 Charging Case Pro for the Switch 2 looks similar to the $70 version; it’s a thick zip-up case with a 10,000mAh battery, plus pockets…

A recent study led by the CDC reveals that routine vaccinations do not raise epilepsy risk in children, alleviating concerns over immunisation safety.
A comprehensive study led by the Centres for Disease Control and Prevention (CDC) in the…

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With no single headline event driving attention today, Industrial and Commercial Bank of China (SEHK:1398) is drawing interest as investors reassess its recent share performance and core banking fundamentals.
See our latest analysis for Industrial and Commercial Bank of China.
Short term share price momentum has cooled, with a 7 day share price return of 3.15% and a year to date share price return of 3.00%. However, the 1 year total shareholder return of 23.62% and 5 year total shareholder return of 82.41% show that longer term investors have so far been rewarded.
If ICBC has you thinking about where else value and income might be hiding in financials, it could be a good time to scan other solid balance sheet and fundamentals stocks screener (None results) for comparison.
ICBC currently trades at HK$6.15. Some models suggest a meaningful intrinsic discount and analysts’ targets sit higher, so the real question for you is whether this is genuine value or if the market already expects stronger growth.
With ICBC last closing at HK$6.15 and the most followed narrative pointing to a fair value of about HK$7.26, the gap between price and narrative value is front and center for investors weighing the story against the screen.
Diversification into technology finance, green finance (green loans up 16.4%), and inclusive finance (up 17.3%) is creating new long-term growth engines, reducing dependency on traditional lending, and supporting stable or growing earnings despite sectoral headwinds.
Read the complete narrative.
Curious what sits behind that growth engine claim? Revenue, earnings and future valuation multiples are all wired into this story. The assumptions are bolder than they look at first glance.
Result: Fair Value of HK$7.26 (UNDERVALUED)
Have a read of the narrative in full and understand what’s behind the forecasts.
However, the story could change quickly if profit margins stay under pressure or if policy driven lending keeps capital tied up in lower returning activities.
Find out about the key risks to this Industrial and Commercial Bank of China narrative.
If this narrative does not quite match your view, you can dig into the numbers yourself, test your own assumptions and Do it your way in just a few minutes.