ICBC President Engages in Comprehensive Talks with UBS CEO on RMB Globalization
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2d ago
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Source: aastocks
Stock Performance: ICBC (01398.HK) experienced a decrease of 0.060 (-0.952%) with short selling amounting to $159.82M and a ratio of 12.984%.
Meeting with UBS: President Liu Jun held a meeting with UBS Group CEO Sergio Ermotti to discuss macroeconomic conditions, technological innovation, RMB internationalization, and enhancing business cooperation.
Analyst Views on 01398
Wall Street analysts forecast 01398 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 01398 is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 6.340
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Current: 6.340
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
