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The latest update is out from Bank of China ( (HK:3988) ).
Bank of China Limited has successfully completed the issuance of write-down undated capital bonds worth RMB40 billion in the domestic interbank bond market. The bonds, with a coupon rate of 2.16% for the first five years, aim to replenish the bank’s additional tier 1 capital, enhancing its financial stability and regulatory compliance.
The most recent analyst rating on (HK:3988) stock is a Buy with a HK$5.50 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 within the banking industry. It provides a range of financial services, focusing on both domestic and international markets.
Average Trading Volume: 313,049,674
Technical Sentiment Signal: Buy
Current Market Cap: HK$1677B
Find detailed analytics on 3988 stock on TipRanks’ Stock Analysis page.