1398.HK stock closed at HK$6.22 on 11 Mar 2026, trading 302,084,514 shares and ranking among Hong Kong’s most active names. Volume was about 2.15x average, driving a -1.58% intraday move from HK$6.32. Traders flagged valuation support from a PE of 5.61 and a dividend yield near 5.35%, keeping the Industrial and Commercial Bank of China Limited (1398.HK) in focus for income and value investors in Hong Kong.
1398.HK stock: Market snapshot and session detail
ICBC (Industrial and Commercial Bank of China Limited) 1398.HK closed HK$6.22 on the HKSE. The stock opened at HK$6.28, hit a day low of HK$6.20 and a high of HK$6.32. Year range is HK$4.86–HK$6.66. Market cap stands near HKD 2.81T and average 50-day price is HK$6.37. For live quotes see Meyka’s stock page for 1398.HK source.
1398.HK stock: Earnings, valuation and fundamentals
Latest reported EPS is HK$1.12 giving a trailing PE of 5.61 and a price-to-book of 0.50. Return on equity is 9.13% and book value per share is HK$11.12. Dividend per share is HK$0.30, implying a yield of 5.35%. These metrics support the view that 1398.HK stock trades as a low-P/E, high-yield bank stock in Hong Kong.
1398.HK stock: Trading activity and technicals for most active strategy
Volume spiked to 302,084,514 versus an average of 186,304,292, making 1398.HK one of the most active Hong Kong listings. RSI sits at 43.13 and MACD is slightly negative, indicating mild near-term pressure. Bollinger middle band at HK$6.44 and ATR HK$0.14 show limited intraday volatility. High turnover can amplify short-term moves, which matters for active traders seeking entry on pullbacks.
1398.HK stock: Meyka grade and valuation view
Meyka AI rates 1398.HK with a score out of 100: 68.52 (Grade B, Suggestion: HOLD). This grade factors S&P 500 and sector comparisons, financial growth, key metrics, forecasts, and analyst consensus. Valuation metrics such as PE 5.61 and PB 0.50 drive a value bias, while debt ratios moderate the risk profile. These grades are not guarantees and we are not financial advisors.
1398.HK stock: Forecasts and price targets
Meyka AI’s forecast model projects a monthly price of HK$6.19, a quarterly target of HK$6.83, and a one-year target of HK$7.78. Based on the current close HK$6.22, the one-year target implies an upside of 25.08%. Analysts typically set conservative near-term targets around HK$6.80 and bullish targets near HK$8.50, reflecting macro sensitivity and credit trends. Forecasts are model-based projections and not guarantees.
1398.HK stock: Risks, catalysts and sector context
Key risks include slower credit growth, property-sector stress, and margin pressure from loan pricing. Catalysts include an improvement in domestic loan demand, cuts to reserve requirements, or higher net interest margins. Sector-wise, Financial Services in Hong Kong trades at average PB 1.07; ICBC’s PB 0.50 signals relative cheapness versus peers but also reflects bank-specific and macro risks. For broader market context see recent ETF commentary from Bloomberg and sector news from WSJ source source.
Final Thoughts
1398.HK stock closed HK$6.22 on 11 Mar 2026 with heavy volume and value-driven metrics that keep it on active-trader screens. The bank offers a PE of 5.61, a PB of 0.50, and a dividend yield around 5.35%, which supports income allocations in Hong Kong portfolios. Meyka AI’s forecast model projects a one-year price of HK$7.78, implying 25.08% upside versus today’s price. Short-term technicals show mild downside risk, while high turnover increases trading opportunities for intraday and swing strategies. Investors should weigh dividend income and low valuation against credit and macro risks. These model forecasts are projections and not guarantees. For detailed, real-time signals, Meyka AI provides live data and alerts for 1398.HK stock
FAQs
What drove 1398.HK stock volume today?
Volume rose to 302,084,514 as traders reacted to cheap valuation and dividend yield. High turnover reflects active trading interest in the bank amid macro updates and sector flows.
Is 1398.HK stock a buy for dividend investors?
The stock yields about 5.35% with a PE of 5.61, which appeals to income buyers. Assess credit risk and your yield vs. safety preferences before buying.
How much upside does Meyka forecast for 1398.HK stock?
Meyka AI’s one-year target is HK$7.78, implying about 25.08% upside from HK$6.22. Forecasts are model-based and not guarantees; review risks before acting.
Where can I see live data for 1398.HK stock?
Live quotes and alerts are available on Meyka’s platform for 1398.HK. Use the Meyka stock page to monitor price, volume, and technical signals in real time.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
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