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China Construction Bank Secures Approval for Capital Increase

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China Construction Bank Secures Approval for Capital Increase

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

China Construction Bank Corporation has announced the approval from the National Financial Regulatory Administration for an increase in its registered capital. The bank’s registered capital has been raised by RMB11,589,403,973, reflecting a strategic move to bolster its financial standing and operational capacity.

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 (CCB) is a major financial institution in China, operating as a joint stock company with limited liability. It is primarily involved in banking services and financial products, focusing on both domestic and international markets.

Average Trading Volume: 249,318,306

Technical Sentiment Signal: Buy

Current Market Cap: HK$2135.7B

See more insights into 0939 stock on TipRanks’ Stock Analysis page.

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