China Construction Bank ( (HK:0939) ) just unveiled an announcement.
China Construction Bank Corporation’s board of supervisors convened a meeting on March 30, 2025, to approve several resolutions related to the issuance of A shares to specific targets. The resolutions included the fulfillment of conditions for issuance, the issuance plan, feasibility analysis, and strategic investment from the Ministry of Finance of China. The board believes that these steps will protect the rights of the bank and its minority shareholders, enhancing its strategic positioning in the financial sector.
More about China Construction Bank
China Construction Bank Corporation (CCB) is a major financial institution in the People’s Republic of China, primarily engaged in providing a wide range of banking services. The bank focuses on corporate banking, personal banking, and treasury operations, and is one of the largest banks in the world by market capitalization.
YTD Price Performance: 7.25%
Average Trading Volume: 34,543
Technical Sentiment Signal: Sell
Current Market Cap: $218.3B
Learn more about 0939 stock on TipRanks’ Stock Analysis page.