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Industrial and Commercial Bank of China (SEHK:1398) has drawn attention after joining China Merchants Bank and Shanghai Pudong Development Bank in testing loans priced off interbank repo rates instead of the loan prime rate, highlighting an adjustment in benchmark use. See our latest analysis for Industrial and Commercial Bank of China. Against this backdrop of benchmark reform, Industrial and Commercial Bank of China’s recent share price momentum has been strong, with a 1-month share price...
ICBC, China Merchants Bank and SPDB test repo-based loan pricing alongside the existing loan prime rate.
Applied Optoelectronics (AAOI) said Wednesday its subsidiary, Global Technology, entered into a one-
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