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China Minsheng Banking Successfully Issues RMB40 Billion Tier-Two Capital Bonds

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China Minsheng Banking Successfully Issues RMB40 Billion Tier-Two Capital Bonds

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China Minsheng Banking ( (HK:1988) ) has provided an update.

China Minsheng Banking Corp., Ltd. has successfully issued RMB40 billion in tier-two capital bonds, approved by the National Financial Regulatory Administration and the People’s Bank of China. The issuance aims to replenish the bank’s tier-two capital and improve its capital adequacy ratio, potentially strengthening its financial position and market competitiveness.

More about China Minsheng Banking

China Minsheng Banking Corp., Ltd. is a joint stock limited company incorporated in the People’s Republic of China. It operates in the financial services industry, focusing on banking services and products.

YTD Price Performance: 8.37%

Technical Sentiment Signal: Sell

Current Market Cap: $23.22B

See more data about 1988 stock on TipRanks’ Stock Analysis page.

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