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Bank of Communications Completes RMB30 Billion Bond Issuance

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Bank of Communications Completes RMB30 Billion Bond Issuance

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The latest update is out from Bank of Communications Co ( (HK:3328) ).

Bank of Communications Co., Ltd. has successfully completed the issuance of its 2025 Second Tranche of Total Loss-Absorbing Capacity Non-Capital Bonds, raising RMB30 billion. This issuance, comprising both fixed and floating rate bonds, aims to enhance the bank’s total loss-absorbing capacity, thereby strengthening its financial resilience.

The most recent analyst rating on (HK:3328) stock is a Hold with a HK$5.95 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 joint stock company incorporated in the People’s Republic of China, operating within the financial services industry. It focuses on providing banking and financial services, with a significant market presence in the national inter-bank bond market.

Average Trading Volume: 30,156,603

Technical Sentiment Signal: Buy

Current Market Cap: HK$716.4B

See more insights into 3328 stock on TipRanks’ Stock Analysis page.

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