With depostis of $1.3trillion Chinese ICBC bank has low share price

Industrial & Commercial Bank of China had its shares traded lower on Wednesday. Though, the bank previously announced about obtaining 950 billion yuan ($140 billion) from its clients in the first quarter that sent the total to 8.9 trillion yuan as of March 31. 

That happened in spite of the fact the bank had become the world's largest by deposits. Thereby ICBC stocks ended the midday break in Hong Kong at HK$4.39 that is 2.2% lower.

The deposit base would reach 9.8 trillion yuan in case it included the deposits from financial companies. So it could possibly leave behind such largest U.S. and Japanese institutions as J.P. Morgan Chase and Mitsubishi UFJ Financial Group.