5 Most Profitable Chinese Stocks

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1. Industrial and Commercial Bank of China Limited (ICBC) (601398.SS)

Trailing 12 months Net Income: $48.30 billion (¥362.34 billion)

Industrial and Commercial Bank of China Limited (ICBC) (601398.SS) is a Beijing-based commercial bank that was established in January 1984.

The bank currently has 259 million personal banking customers and 4.12 million corporate banking customers with operations in Asia, Europe, North America, Oceania, and South America. Industrial and Commercial Bank of China Limited (ICBC) (601398.SS) ranks second on the Forbes Global 2000 list for 2022 after losing its top position to Berkshire Hathaway Inc (NYSE:BRK-B). Industrial and Commercial Bank of China Limited (ICBC) (601398.SS) occupied the top position for the past nine consecutive years. ICBC also has the distinction of being on the 2022 G-SIBs list formulated by the FSB and Basel Committee.

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