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ICBC reports stronger-than-expected earnings and stock gains.
Industrial & Commercial Bank of China reported stronger-than-expected quarterly earnings, with adjusted EPS of $0.76 and revenue of $27.56 billion, exceeding analyst forecasts.
The bank achieved a return on equity of 8.96% and a net margin of 24.10%.
ICBC's stock opened at $16.88 on Friday, trading above its 50-day and 200-day moving averages, with a market capitalization of $300.81 billion.
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ICBC reporta ganancias más fuertes de lo esperado y gananzas de acciones.