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Bank of China ( (HK:3988) ) has issued an update.
Bank of China Limited has successfully completed the issuance of Total Loss-absorbing Capacity Eligible Non-capital Bonds (Series 1) in the domestic interbank bond market. The bonds, issued with a size of RMB50 billion and a coupon rate of 1.75%, are aimed at enhancing the bank’s loss-absorbing capacity, reflecting its strategic focus on strengthening financial resilience.
The most recent analyst rating on (HK:3988) stock is a Buy with a HK$4.20 price target. To see the full list of analyst forecasts on Bank of China stock, see the HK:3988 Stock Forecast page.
More about Bank of China
Bank of China Limited is a major financial institution in the People’s Republic of China, primarily engaged in providing a range of banking services. The bank operates in the financial industry, focusing on both domestic and international markets, offering products such as loans, deposits, and bonds.
Average Trading Volume: 347,535,637
Technical Sentiment Signal: Buy
Current Market Cap: HK$1708.2B
Learn more about 3988 stock on TipRanks’ Stock Analysis page.