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Guangzhou Rural Commercial Bank Co. Ltd. Class H ( (HK:1551) ) has shared an update.
Guangzhou Rural Commercial Bank Co., Ltd. announced the successful issuance and listing of RMB5 billion in ordinary financial bonds with a fixed coupon rate of 1.85%, maturing in three years. This strategic financial move is likely to enhance the bank’s capital structure and support its future growth initiatives, potentially impacting its market positioning and stakeholder interests positively.
More about Guangzhou Rural Commercial Bank Co. Ltd. Class H
Guangzhou Rural Commercial Bank Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating in the financial services industry. It is not authorized to carry on banking and/or deposit taking business in Hong Kong and is not subject to the supervision of the Hong Kong Monetary Authority.
YTD Price Performance: 1.27%
Average Trading Volume: 46,243
Technical Sentiment Signal: Sell
Current Market Cap: HK$23.03B
For an in-depth examination of 1551 stock, go to TipRanks’ Overview page.