Industrial and Commercial Bank of China Shares float
What is the Shares float of Industrial and Commercial Bank of China?
The Shares float of Industrial and Commercial Bank of China Limited is 85.587B 98.61%
What is the definition of Shares float?
Shares float is the portion of shares of a corporation that are in the hands of public investors as opposed to locked-in stock.
= annual shares outstanding - closely held shares
Shares float represents the portion of shares of a corporation that are in the hands of public investors as opposed to locked-in stock held by promoters, company officers, controlling-interest investors, or government. This number is sometimes seen as a better way of calculating market capitalization because it provides a more accurate reflection of what public investors consider the company to be worth. In this context, the float may refer to all the shares outstanding that can be publicly traded
The float is calculated by subtracting the locked-in shares from outstanding shares. Stocks with smaller floats tend to be more volatile than those with larger floats. In general, the large holdings of founding shareholders, corporate cross-holdings, and government holdings in partially privatized companies are excluded when calculating the size of a public float.
Shares float of companies in the Finance sector on HKSE compared to Industrial and Commercial Bank of China
What does Industrial and Commercial Bank of China do?
Industrial and Commercial Bank of China Limited, together with its subsidiaries, provides banking products and services in the People's Republic of China and internationally. It operates through Corporate Banking, Personal Banking, and Treasury Operations segments. The Corporate Banking segment offers financial products and services to corporations, government agencies, and financial institutions. Its products and services include corporate loans, trade financing, deposit-taking activities, corporate wealth management services, custody activities, various corporate intermediary services, etc. The Personal Banking segment provides financial products and services to individual customers. This segment's products and services comprise personal loans and cards, deposits, personal wealth management, personal intermediary services, etc. The Treasury Operations segment is involved in the money market transactions, investment securities, and foreign exchange transactions, as well as in the holding of derivative positions. The company also offers e-banking services, including Internet, telephone, and mobile banking services; and investment banking, fund and financial asset management, trust, financial leasing, broker dealer, securities margin and trading, insurance, and other financial services. It operates 16,653 institutions, including 16,227 domestic institutions and 426 overseas institutions. Industrial and Commercial Bank of China Limited was founded in 1984 and is headquartered in Beijing, the People's Republic of China.
Companies with shares float similar to Industrial and Commercial Bank of China
- PetroChina has Shares float of 32.805B 155.48%
- China Petroleum & Chemical has Shares float of 36.442B 147.03%
- China Petroleum & Chemical has Shares float of 37.036B 145.16%
- China Tower has Shares float of 46.663B 100.00%
- Agricultural Bank of China has Shares float of 50.545B 164.43%
- Lloyds Banking Plc has Shares float of 82.671B 122.88%
- Industrial and Commercial Bank of China has Shares float of 85.587B 98.61%
- China Construction Bank has Shares float of 103.577B 43.08%
- China Construction Bank has Shares float of 103.772B 43.16%
- Bank of China has Shares float of 105.441B 126.09%
- Bank of China has Shares float of 105.441B 126.09%
- Ameritrust has Shares float of 1.561T 5832703.92%