As of December 31, 2009, ICBC has a market capitalization of USD 268.982 billion, the largest among all the banks in the world and USD 70 billion more than the second bank in the ranking. Meanwhile, ICBC moved up to the fourth place in the worldwide ranking of publicly traded companies in terms of market capitalization.
Beginning from 2009, ICBC has weathered all the negative impacts brought by the global financial crisis and maintained the momentum. Business was steady, risk under control and profit on the rise. Thanks to the strong performance, stock price of ICBC in 2009 was moving up. When compared to the end of 2008, on December 31, 2009, A-share up 54% closing at RMB 5.44 and H-share up 58% at HKD 6.44.
As reported, the Top 10 worldwide banks by market capitalization as of December 31, 2009, are: ICBC (USD 268.982 billion), China Construction Bank (USD 201.455 billion), HSBC (USD 200.725 billion), JP Morgan Chase (USD 171.053 billion), Bank of China (USD 153.972 billion), Bank of America (USD 149.648 billion), Wells Fargo (USD 137.995 billion), Santander (USD 136.002 billion), BNP Paribas (USD 94.893 billion) and Citigroup (USD 93.543 billion). Top 5 worldwide publicly traded companies are: China National Petroleum Corporation (USD 353.174 billion), Exxon Mobil (USD 323.717 billion), Microsoft (USD 270.636 billion), ICBC (USD 268.982 billion) and Wal-mart (USD 203.654 billion).
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