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The latest update is out from Weihai City Commercial Bank Co., Ltd. Class H ( (HK:9677) ).
Weihai Bank Co., Ltd. has successfully issued RMB1 billion worth of ‘2025 Sci-tech Innovation Bonds’ in the national inter-bank bond market with a coupon rate of 1.94%. The proceeds from these bonds will be directed towards supporting sci-tech innovation businesses, potentially enhancing the bank’s role in fostering technological advancements and innovation.
More about Weihai City Commercial Bank Co., Ltd. Class H
Weihai Bank Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, focusing on providing financial services. It operates within the banking industry but is not authorized to conduct banking or deposit-taking business in Hong Kong.
Average Trading Volume: 923,454
Technical Sentiment Signal: Buy
Current Market Cap: HK$18.06B
For an in-depth examination of 9677 stock, go to TipRanks’ Overview page.