China Construction Bank Receives Approval for A Share Issuance

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

China Construction Bank Corporation has received approval from the China Securities Regulatory Commission for the issuance of A shares to a specific target. This approval is valid for 12 months and requires the bank to adhere to the application documents and issuance plan submitted to the Shanghai Stock Exchange. The bank is committed to fulfilling its information disclosure obligations and advises investors to be cautious of investment risks.

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 China, primarily engaged in providing a wide range of banking services including corporate banking, personal banking, and treasury operations. It is one of the largest banks in the world, with a significant focus on the Chinese market.

Average Trading Volume: 398,940,710

Technical Sentiment Signal: Buy

Current Market Cap: HK$1935.8B

For detailed information about 0939 stock, go to TipRanks’ Stock Analysis page.