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An update from China International Capital ( (HK:3908) ) is now available.
China International Capital Corporation Limited announced that its issuer, together with a guarantor, has agreed to issue CNY2 billion 1.90 per cent notes due 2028 under its US$10 billion guaranteed medium term note programme, which has been periodically updated and upsized since its launch in 2016. The notes, arranged by a syndicate of global and Chinese banks led by CICC HK Securities, Citigroup and Standard Chartered as joint global coordinators, are intended to be listed on the Hong Kong Stock Exchange for trading by professional investors, with completion of the subscription subject to conditions that may not be satisfied, prompting the company to urge shareholders and potential investors to exercise caution.
The most recent analyst rating on (HK:3908) stock is a Buy with a HK$24.50 price target. To see the full list of analyst forecasts on China International Capital stock, see the HK:3908 Stock Forecast page.
More about China International Capital
China International Capital Corporation Limited is a leading Chinese investment bank, operating as a joint stock company incorporated in the PRC with limited liability and listed in Hong Kong under stock code 03908. Through its Hong Kong and international platforms, the firm focuses on capital markets activities, including underwriting, advisory, and fixed income financing for institutional and professional investors.
Average Trading Volume: 20,775,838
Technical Sentiment Signal: Buy
Current Market Cap: HK$150.4B
For an in-depth examination of 3908 stock, go to TipRanks’ Overview page.