China Everbright Bank to Redeem and Delist RMB35 Billion Third Tranche of Preference Shares

China Everbright Bank Co ( (HK:6818) ) has shared an update.

China Everbright Bank Company Limited has announced it will fully redeem and delist its third tranche of domestic preference shares, consisting of 350 million shares with a nominal value of RMB100 each, totaling RMB35 billion. The board exercised its redemption right after obtaining shareholder approvals and a no‑objection reply from the National Financial Regulatory Administration, and set key dates including a last trading day of 9 February 2026, a trading suspension from 10 February 2026, and a redemption and delisting date of 11 February 2026. The bank will pay cash at par plus accrued dividends calculated up to, but excluding, the redemption date, effectively retiring this capital instrument from the market and potentially reshaping its capital structure and funding mix.

The most recent analyst rating on (HK:6818) stock is a Buy with a HK$3.50 price target. To see the full list of analyst forecasts on China Everbright Bank Co stock, see the HK:6818 Stock Forecast page.

More about China Everbright Bank Co

China Everbright Bank Company Limited is a Chinese joint stock commercial bank incorporated in the People’s Republic of China with limited liability and listed in Hong Kong. It operates within the banking and financial services industry, providing a range of commercial and retail banking products to domestic and international customers, and issues capital instruments such as preference shares to support its regulatory capital and funding structure.

Average Trading Volume: 29,959,155

Technical Sentiment Signal: Buy

Current Market Cap: HK$217.3B

For a thorough assessment of 6818 stock, go to TipRanks’ Stock Analysis page.