Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
An announcement from Bank of China ( (HK:3988) ) is now available.
Bank of China has redeemed in full its RMB50 billion write-down undated capital bonds, originally issued in May 2021 with an issuer call option at the fifth anniversary. By exercising this redemption right on 19 May 2026, the bank is adjusting its capital structure, potentially lowering funding costs and signalling confidence in its balance sheet strength.
The move may also reflect evolving regulatory or market conditions around Additional Tier 1-style instruments, as banks reassess the role of perpetual, loss-absorbing bonds in their capital mix. Stakeholders, including investors and regulators, will view the redemption as an indication of the bank’s capital management strategy and its approach to optimizing long-term funding sources.
The most recent analyst rating on (HK:3988) stock is a Buy with a HK$5.30 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 state-owned commercial bank in the People’s Republic of China, providing a broad range of banking and financial services. Listed in Hong Kong under stock code 3988, it plays a significant role in domestic and international capital markets, frequently issuing and managing capital instruments to support its regulatory capital and funding needs.
Average Trading Volume: 221,895,709
Technical Sentiment Signal: Buy
Current Market Cap: HK$1986.4B
For an in-depth examination of 3988 stock, go to TipRanks’ Overview page.