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RARE PHOTOS: Icbc | Vintage Vibes

Chipmaker CXMT vaults to top of China's valuation with 466% surge in Shanghai debut

China's leading memory chipmaker CXMT became the most valuable company in the mainland after soaring 500 percent on its market debut Monday, underscoring the impact of AI-driven demand on the semiconductor sector. The firm's shares rocketed more than 500 percent by mid-morning, taking its market capitalisation to 3.5 trillion yuan…

The Economic Times

Chinese banking giant's London HQ targeted by cybercriminals, threatening to leak millions of files

ICBC has until tomorrow to act, otherwise the files are going public.

TechRadar

Shanghai Composite Index Fell 0.27% on Friday

Shenzhen Component Index closed down 0.62%

Caixin Global

From analysis to the latest developments in health,
read the most diverse news in one place.

Ex-Vice President of Agricultural Bank Under Graft Probe

Lou Wenlong investigated on suspicion of serious violations in law and discipline

Caixin Global

ICBC To Issue .15 Billion TLAC Bonds In China

ICBC launches .15 billion TLAC bond sales to enhance financial stability and meet regulatory standards.

Top News

Shanghai Composite Index Rose 0.53% on Tuesday

Shenzhen Component Index closed up 1.38%

Caixin Global

Shanghai Composite Index Fell 2.68% on Monday

Shenzhen Component Index closed down 3.5%

Caixin Global

Shanghai Composite Index Fell 0.56% on Wednesday

Shenzhen Component Index closed down 0.91%

Caixin Global

Shanghai Composite Index Rose 0.23% on Tuesday

Shenzhen Component Index closed up 0.49%

Caixin Global

After a surprise cyberattack, the world's largest bank had to shuffle a USB stick around Manhattan to do business

Sometimes the old ways are still the best.

PC Gamer

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Tom’s Hardware

China's Largest Bank Forced to Settle Trades by USB Stick After Ransomware Attack

China's ICBC is the world's largest bank, and it was hit with ransomware earlier this week.

TechRadar

China's largest bank hit by ransomware attack

LockBit used a well-documented vulnerability called CitrixBleed to hit ICBC, researchers claim.

Caixin Global

U.S. Subsidiary of China’s Largest Bank Hit by Ransomware Attack

The systems of the ICBC head office and other affiliated institutions are not affected by the incident, the unit says

Fortune

Suspected Russian hackers disrupted the market in U.S. Treasuries by attacking China's, and the world's, largest bank

ICBC was reportedly forced to conduct some trades via a portable USB drive after the bank was hit by a ransomware attack.

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The Guardian - UK

Banks pumped more than $150bn in to companies running ‘carbon bomb’ projects in 2022

Projects that risk 1.5C heating target operated by companies receiving financing from European, Chinese and US banks

Caixin Global

Exclusive: UBS Committed to China, Sees Opportunities After Credit Suisse Deal

Merged group is looking at how best to expand its presence in the country, CEO Sergio Ermotti tells Caixin in an exclusive interview

Caixin Global

ING Sues ICBC for $171 Million in Copper Deal Losses

Dutch banking giant alleges breach of contract by China’s largest bank in transactions involving copper trader Maike Metals

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