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End-of-day quote
Other stock markets
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5-day change | 1st Jan Change | ||
| 5.4 CNY | -1.64% |
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-2.17% | +12.97% |
| Apr. 22 | Tongda Group Unit Invests 150 Million Yuan in Wealth Management Product by ICBC | MT |
| Apr. 22 | Wuxi Smart Auto-Control Engineering to Apply for 310 Million Yuan Credit | MT |
NEW DELHI (Reuters) - Indian carrier IndiGo has signed a $2.6 billion (1.6 billion pounds) deal with Industrial and Commercial Bank of China (ICBC) for the lender to finance more than 30 new aircraft, the company said in a statement on Wednesday.
Under the memorandum of understanding, ICBC will provide IndiGo, India's largest airline by market share, with financing for the planes through either a sale and lease back or commercial lending deal, the statement quoted IndiGo President Aditya Ghosh as saying.
The announcement comes on the day Chinese President Xi Jinping arrived in India, where the two countries are expected to sign trade and investment deals worth billions of dollars.
(Reporting by Tommy Wilkes; Editing by Sunil Nair)
| 1st Jan change | Capi. | |
|---|---|---|
| +13.75% | 555B | |
| +12.36% | 298B | |
| +21.72% | 210B | |
| +16.11% | 173B | |
| +6.88% | 163B | |
| +4.42% | 154B | |
| -11.67% | 138B | |
| +0.10% | 138B | |
| +1.06% | 125B |
INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED 
