HONG KONG, March 26 (Reuters) - Shares in Industrial and Commercial Bank of China jumped 12 percent in Hong Kong on Thursday after Goldman Sachs <GS.N> pledged to extend the lockup on most of its stake in the state-run bank.
ICBC <1398.HK><601398.SS>, the world's most valuable bank, also reported flat fourth quarter net profit late on Wednesday, in line with market forecasts.
ICBC shares rose to HK$4.01 in early Thursday trade to an 11-week high after Goldman Sachs said it would not sell 80 percent of its nearly 5 percent holding in ICBC before April 2010. Previously it could sell half the stake next month and the other half in October.
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