Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Bank of Communications Co ( (HK:3328) ) has shared an update.
Bank of Communications Co., Ltd. has announced an increase in its registered capital following the issuance of over 14 billion A Shares to a specified investor. This capital increase, approved by the National Financial Regulatory Administration, raises the bank’s registered capital from RMB74.26 billion to RMB88.36 billion, potentially strengthening its financial position and market competitiveness.
The most recent analyst rating on (HK:3328) stock is a Buy with a HK$7.50 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 financial institution in China, operating in the banking industry. It provides a wide range of banking services and products, focusing on both domestic and international markets.
Average Trading Volume: 25,753,549
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$653.6B
For an in-depth examination of 3328 stock, go to TipRanks’ Overview page.