On 15 May 2016, the Chinese Enterprises Association (CEA) of Singapore and ICBC Singapore announced the ICBC Singapore team the champion of the 4th “ICBC Cup” basketball tournament. This marks the third consecutive win by the ICBC Singapore team in the ICBC Cup, an annual sporting event organised by the CEA and hosted by ICBC Singapore for the Chinese business community in Singapore. The final match was played between teams from ICBC Singapore and China State Construction (CSCI Asia-Pacific), out of four semi-finalist teams including CNQC International (Asia-Pacific) and Bank of China.