As of 2023, the Chinese state-owned investment fund Huijin was the largest shareholder of the Industrial and Commercial Bank of China, owning almost 35 percent of its shares. Out of the five largest shareholders, four are state-owned enterprises, with a combined ownership of around 70 percent. Therefore, despite being a publicly traded company, ICBC is still under the indirect control of the state.
Leading owner of Industrial and Commercial Bank of China in 2023, based on shareholding percentage
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Industrial and Commercial Bank of China. (April 29, 2024). Leading owner of Industrial and Commercial Bank of China in 2023, based on shareholding percentage [Graph]. In Statista. Retrieved November 19, 2024, from https://www.statista.com/statistics/1419204/industrial-and-commercial-bank-of-china-top-shareholders/
Industrial and Commercial Bank of China. "Leading owner of Industrial and Commercial Bank of China in 2023, based on shareholding percentage." Chart. April 29, 2024. Statista. Accessed November 19, 2024. https://www.statista.com/statistics/1419204/industrial-and-commercial-bank-of-china-top-shareholders/
Industrial and Commercial Bank of China. (2024). Leading owner of Industrial and Commercial Bank of China in 2023, based on shareholding percentage. Statista. Statista Inc.. Accessed: November 19, 2024. https://www.statista.com/statistics/1419204/industrial-and-commercial-bank-of-china-top-shareholders/
Industrial and Commercial Bank of China. "Leading Owner of Industrial and Commercial Bank of China in 2023, Based on Shareholding Percentage." Statista, Statista Inc., 29 Apr 2024, https://www.statista.com/statistics/1419204/industrial-and-commercial-bank-of-china-top-shareholders/
Industrial and Commercial Bank of China, Leading owner of Industrial and Commercial Bank of China in 2023, based on shareholding percentage Statista, https://www.statista.com/statistics/1419204/industrial-and-commercial-bank-of-china-top-shareholders/ (last visited November 19, 2024)
Leading owner of Industrial and Commercial Bank of China in 2023, based on shareholding percentage [Graph], Industrial and Commercial Bank of China, April 29, 2024. [Online]. Available: https://www.statista.com/statistics/1419204/industrial-and-commercial-bank-of-china-top-shareholders/