Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
An announcement from Bank of China ( (HK:3988) ) is now available.
Bank of China Limited has successfully completed the issuance of its 2025 Total Loss-absorbing Capacity Eligible Non-capital Bonds (Series 2) in the domestic interbank bond market. The bonds, valued at RMB50 billion with a fixed coupon rate of 1.93%, are designed to enhance the bank’s loss-absorbing capacity, which is crucial for its financial stability and regulatory compliance. This strategic move is expected to strengthen the bank’s position in the financial sector and provide assurance to its stakeholders regarding its resilience and risk management capabilities.
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, operating in the banking industry. It provides a wide range of financial services including corporate banking, personal banking, and financial markets services, with a focus on both domestic and international markets.
Average Trading Volume: 320,051,265
Technical Sentiment Signal: Buy
Current Market Cap: HK$1623B
Learn more about 3988 stock on TipRanks’ Stock Analysis page.