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Industrial and Commercial Bank of China GAAP EPS of ¥1.00, revenue of ¥635.13B
- What: Industrial and Commercial Bank of China reported GAAP EPS of ¥1.00 and revenue of ¥635.13B.
- Why: The bank's revenue increase can be attributed to strong loan growth and higher interest rates.
- Signal: The bank's EPS beat expectations, indicating a positive trend in its financial performance.
- Target: The bank's revenue target for the year is expected to be ¥6.5T, with a growth rate of **5%**.
- Risk: The bank's high loan-to-deposit ratio poses a risk to its liquidity and capital adequacy.