Allianz SE and American Express Co. plan to keep their Industrial and Commercial Bank of China Ltd. stakes, which have a combined value of about $3.1 billion, past a lockup on the holdings that expires today.

Allianz and American Express have no immediate plan to sell, the companies and ICBC of Beijing said Monday. Allianz has 3.22 billion Hong Kong-traded ICBC shares, and American Express owns 638 million.

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