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Agricultural Bank of China Completes RMB20 Billion Bond Issuance

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Agricultural Bank of China Completes RMB20 Billion Bond Issuance

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The latest announcement is out from Agricultural Bank of China ( (HK:1288) ).

Agricultural Bank of China Limited has successfully completed the issuance of its 2025 Total Loss-Absorbing Capacity Eligible Non-Capital Bonds, raising RMB20.0 billion in the National Interbank Bond Market. This issuance, divided into three tranches with varying terms and interest rates, aims to enhance the bank’s total loss-absorbing capacity, thereby strengthening its financial stability and resilience.

The most recent analyst rating on (HK:1288) stock is a Buy with a HK$6.10 price target. To see the full list of analyst forecasts on Agricultural Bank of China stock, see the HK:1288 Stock Forecast page.

More about Agricultural Bank of China

Agricultural Bank of China Limited is a major banking institution in the People’s Republic of China, primarily engaged in providing a wide range of financial services including corporate and retail banking. The bank focuses on serving agricultural, rural, and urban customers, and is a key player in China’s financial sector.

YTD Price Performance: 38.84%

Average Trading Volume: 125,043,483

Technical Sentiment Signal: Buy

Current Market Cap: HK$3002B

See more insights into 1288 stock on TipRanks’ Stock Analysis page.

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