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Luzhou Bank Co., Ltd. Class H ( (HK:1983) ) has issued an update.
Luzhou Bank Co., Ltd. has successfully issued RMB1.8 billion in tier 2 capital bonds in the national inter-bank bond market, with a maturity of 10 years and a fixed coupon rate of 2.95%. The proceeds from this issuance will be used to replenish the bank’s tier 2 capital, enhancing its financial stability and regulatory compliance.
More about Luzhou Bank Co., Ltd. Class H
Luzhou Bank Co., Ltd. is a joint stock company incorporated in the People’s Republic of China. It operates within the financial services industry, focusing on banking and financial products. The bank is not authorized to conduct banking or deposit-taking business in Hong Kong and is not under the supervision of the Hong Kong Monetary Authority.
Average Trading Volume: 13,262
Technical Sentiment Signal: Buy
Current Market Cap: HK$6.36B
For detailed information about 1983 stock, go to TipRanks’ Stock Analysis page.