Bank of Communications Completes RMB40 Billion Bond Issuance

An announcement from Bank of Communications Co ( (HK:3328) ) is now available.

Bank of Communications Co., Ltd. has successfully completed the issuance of its 2025 first tranche of Total Loss-Absorbing Capacity Non-Capital Bonds, raising RMB40 billion. This issuance, consisting of 4-year and 6-year fixed-rate bonds, aims to enhance the bank’s total loss-absorbing capacity, thereby strengthening its financial resilience in accordance with regulatory approvals.

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 financial institution incorporated in the People’s Republic of China, focusing on providing banking and financial services. It operates within the national inter-bank bond market and is known for its strategic issuance of bonds to enhance its financial stability and capacity.

YTD Price Performance: 22.26%

Average Trading Volume: 39,410,842

Technical Sentiment Signal: Buy

Current Market Cap: HK$586.2B

See more data about 3328 stock on TipRanks’ Stock Analysis page.