Economic Observation Network Industrial and Commercial Bank of China (01398) is about to receive ex dividend payments, and the response to the inquiry letter for private placement audit has been announced. Relevant disruptive factors are gradually being cleared.

Recent Stock Trends
On October 21st (next Wednesday), the ex dividend date is 0.1511 yuan per share, totaling 53.853 billion yuan. The equity registration date is October 20th Next Wednesday, Industrial and Commercial Bank of China and Agricultural Bank of China will jointly distribute 99.25 billion yuan in cash, with nearly 100 billion yuan of dividends released in a concentrated manner, which is a clear attraction for funds pursuing interest collection 。

Private Placement Stocks
On the evening of October 14th, ICBC announced its response to the inquiry letter from the Shanghai Stock Exchange regarding the audit -428 administrative penalties, fines of 570 million yuan, and 6 major lawsuits, all of which do not constitute substantial obstacles Combined with the capital replenishment plan of 360 billion yuan from 8 central financial enterprises in September, the funds dared to go up after the uncertainty was eliminated.

The above content is based on publicly available information and does not constitute investment advice.