ICBC 01398 bought 1.3 million shares in a large block, with a transaction price of $3.91 and an investment of 5.083 million.

Industrial and Commercial Bank of China (01398) saw large buying at 02:39 pm, attracting market attention. This block transaction involved 1.3 million shares, with a transaction price of HK$$3.91, and a total investment of HK$5.083 million. Such transaction volume and amount make people full of expectations for ICBC's future performance.

Industrial and Commercial Bank of China bought 1.3 million shares

ICBC's share price fell slightly on the day, but the massive buying showed some investors' confidence in the stock. This also reflects the market's optimistic expectations for the future development of ICBC.

The transaction price was $3.91, involving an investment of 5.083 million

The large transaction with a transaction price of $3.91 shows investors' evaluation of ICBC, and the amount of capital involved of 5.083 million also shows the market's emphasis on this transaction. This will have a certain impact on ICBC's share price.

Stock price fluctuations and future prospects

Although ICBC's share price fell that day, the large buying transaction may give it new impetus. Investors will pay close attention to ICBC's future performance and look forward to a steady upward trend in its share price.

Market reaction and investor sentiment

This large-scale buying attracted market attention and reflected investors' confidence in ICBC. As the market changes and investor sentiment fluctuates, ICBC's share price will also be affected by different factors.