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The latest announcement is out from Bank of China ( (HK:3988) ).
Bank of China Limited, through its Dubai branch, has announced the issuance of U.S.$500,000,000 Floating Rate Notes due 2028 under its U.S.$40,000,000,000 Medium Term Note Programme. These notes have been admitted to the official list of securities maintained by the Dubai Financial Services Authority and are now trading on NASDAQ Dubai. This move is likely to enhance the bank’s international market presence and provide additional financial resources to support its global operations.
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 joint stock company incorporated in the People’s Republic of China, operating in the financial services industry. It provides a wide range of banking and financial services and has a significant market presence both domestically and internationally.
Average Trading Volume: 246,917,248
Technical Sentiment Signal: Buy
Current Market Cap: HK$1950.1B
See more data about 3988 stock on TipRanks’ Stock Analysis page.