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China Construction Bank Completes RMB40 Billion Tier-2 Capital Bond Issuance

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China Construction Bank Completes RMB40 Billion Tier-2 Capital Bond Issuance

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China Construction Bank ( (HK:0939) ) has issued an announcement.

China Construction Bank has successfully completed the issuance of its 2025 Tier-2 Capital Bonds, raising RMB40 billion in the National Interbank Bond Market. This issuance, approved by regulatory authorities, aims to replenish the bank’s tier-2 capital, enhancing its financial stability and operational capacity. The bonds are fixed rate with a 10-year term and a coupon rate of 2.24%, with a conditional redemption option after five years, reflecting the bank’s strategic financial management and commitment to maintaining robust capital reserves.

The most recent analyst rating on (HK:0939) stock is a Buy with a HK$9.50 price target. To see the full list of analyst forecasts on China Construction Bank stock, see the HK:0939 Stock Forecast page.

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. Its offerings include corporate banking, personal banking, and treasury operations, with a significant focus on the domestic market.

Average Trading Volume: 249,318,306

Technical Sentiment Signal: Buy

Current Market Cap: HK$2135.7B

For an in-depth examination of 0939 stock, go to TipRanks’ Overview page.

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