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Bank of Communications Co ( (HK:3328) ) has provided an announcement.
Bank of Communications Co., Ltd. has completed the issuance of its 2026 Total Loss-Absorbing Capacity Non-Capital Bonds (Series 1) via the China Interbank Bond Market under the Bond Connect scheme. The four-year fixed-rate bonds, issued on 15 May 2026 with a size of RMB50 billion and a 1.75% coupon, include a conditional issuer redemption option at the end of the third year.
Proceeds from the bond issuance, after deducting related expenses, will be used to strengthen the bank’s total loss-absorbing capacity in line with regulatory approvals and applicable laws. The move supports the bank’s capital structure and regulatory compliance, potentially enhancing its resilience in stress scenarios and reinforcing its position within China’s increasingly regulation-focused banking sector.
The most recent analyst rating on (HK:3328) stock is a Buy with a HK$7.75 price target. To see the full list of analyst forecasts on Bank of Communications Co stock, see the HK:3328 Stock Forecast page.
More about Bank of Communications Co
Bank of Communications Co., Ltd. is a major Chinese commercial bank operating in the People’s Republic of China, with its shares listed in Hong Kong under stock code 03328. It provides a broad range of banking and financial services, and is subject to mainland regulatory requirements on capital adequacy and total loss-absorbing capacity as part of ongoing financial system reforms.
Average Trading Volume: 23,734,035
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$694.5B
See more data about 3328 stock on TipRanks’ Stock Analysis page.