The latest update is out from China Construction Bank ( (HK:0939) ).
China Construction Bank Corporation has successfully completed the issuance of its 2025 tier-2 capital bonds, raising RMB40 billion in the National Interbank Bond Market. This move is part of the bank’s strategy to replenish its tier-2 capital, thereby strengthening its financial position and ensuring compliance with regulatory requirements. The bonds have a fixed rate with a 10-year term and a conditional redemption option after five years, which could enhance the bank’s capital structure and support its growth objectives.
More about China Construction Bank
China Construction Bank Corporation is a major financial institution in the People’s Republic of China, primarily engaged in providing a wide range of banking services. It operates in the banking industry, focusing on corporate and personal banking, treasury operations, and asset management. The bank is one of the largest in the world by market capitalization and serves a diverse customer base both domestically and internationally.
YTD Price Performance: 8.00%
Average Trading Volume: 81,822
Technical Sentiment Signal: Sell
Current Market Cap: $220.1B
See more data about 0939 stock on TipRanks’ Stock Analysis page.