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Bank of China ( (HK:3988) ) just unveiled an update.
Bank of China Limited has announced the full redemption of its RMB30 billion write-down undated capital bonds, originally issued on 13 November 2020. This strategic financial move, executed on the fifth anniversary of the bond issuance, reflects the bank’s proactive management of its capital structure, potentially impacting its financial stability and investor relations positively.
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, operating in the banking industry. It provides a wide range of financial services including corporate banking, personal banking, and financial markets services, focusing on both domestic and international markets.
Average Trading Volume: 239,092,691
Technical Sentiment Signal: Buy
Current Market Cap: HK$1871B
See more data about 3988 stock on TipRanks’ Stock Analysis page.