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Bank of Qingdao Completes RMB4 Billion Bond Issuance

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Bank of Qingdao Completes RMB4 Billion Bond Issuance

Elevate Your Investing Strategy:

Bank of Qingdao Co., Ltd. Class H ( (HK:3866) ) has shared an announcement.

Bank of Qingdao Co., Ltd. has successfully completed the issuance of its 2025 Financial Bonds in the national inter-bank bond market in China, with a total issuing size of RMB4 billion and a coupon rate of 1.71%. The proceeds from this issuance will be used to optimize the bank’s medium and long-term asset and liability structure, enhancing stable sources of funding and supporting the development of new asset business.

More about Bank of Qingdao Co., Ltd. Class H

Bank of Qingdao Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating in the banking industry. It is not an authorized institution under the Banking Ordinance of Hong Kong and is not supervised by the Hong Kong Monetary Authority.

Average Trading Volume: 3,653,831

Technical Sentiment Signal: Buy

Current Market Cap: HK$29.78B

For detailed information about 3866 stock, go to TipRanks’ Stock Analysis page.

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