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Bank of China ( (HK:3988) ) just unveiled an announcement.
Bank of China Limited has successfully completed the issuance of RMB50 billion in tier-2 capital bonds in the domestic interbank bond market. This issuance, approved by shareholders and regulatory authorities, aims to replenish the bank’s tier-2 capital, enhancing its financial stability and supporting its growth strategy.
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 strong focus on both domestic and international markets.
YTD Price Performance: 25.71%
Average Trading Volume: 347,763,864
Technical Sentiment Signal: Buy
Current Market Cap: HK$1669.8B
Learn more about 3988 stock on TipRanks’ Stock Analysis page.