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Bank of China ( (HK:3988) ) has shared an announcement.
Bank of China Limited has successfully completed the issuance of RMB60 billion in tier 2 capital bonds in the domestic interbank bond market. The bonds, with a fixed rate and a term of 10 years, aim to replenish the bank’s tier 2 capital, enhancing its financial stability and capacity to meet regulatory requirements.
The most recent analyst rating on (HK:3988) stock is a Buy with a HK$5.92 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, focusing on banking services and financial products. It operates in both domestic and international markets, providing a wide range of financial services to its clients.
Average Trading Volume: 246,917,248
Technical Sentiment Signal: Buy
Current Market Cap: HK$1950.1B
For a thorough assessment of 3988 stock, go to TipRanks’ Stock Analysis page.