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China Construction Bank Completes RMB45 Billion Tier-2 Capital Bond Issuance

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China Construction Bank Completes RMB45 Billion Tier-2 Capital Bond Issuance

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

China Construction Bank Corporation has successfully completed the issuance of its 2025 Tier-2 Capital Bonds (Second Tranche) in the National Interbank Bond Market, raising RMB45 billion. This issuance, approved by regulatory authorities, aims to replenish the bank’s tier-2 capital, thereby strengthening its financial position and supporting its growth strategy.

The most recent analyst rating on (HK:0939) stock is a Buy with a HK$6.50 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, providing a wide range of banking services. It operates primarily in the banking industry, focusing on corporate banking, personal banking, and treasury operations, with a significant presence in both domestic and international markets.

YTD Price Performance: 36.92%

Average Trading Volume: 386,784,318

Technical Sentiment Signal: Buy

Current Market Cap: HK$2212.4B

For a thorough assessment of 0939 stock, go to TipRanks’ Stock Analysis page.

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