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Yibin City Commercial Bank Boosts Registered Capital Post-Hong Kong IPO

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Yibin City Commercial Bank Boosts Registered Capital Post-Hong Kong IPO

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Yibin City Commercial Bank Co., Ltd. Class H ( (HK:2596) ) has issued an announcement.

Yibin City Commercial Bank Co., Ltd has announced an increase in its registered capital to RMB4,588,400,000 following the completion of its overseas initial public offering and listing on the Main Board of the Hong Kong Stock Exchange. This change, approved by relevant regulatory authorities, reflects the issuance of 688,400,000 H shares and necessitates amendments to the bank’s Articles of Association to align with its updated capital structure, enhancing its capacity for business development and compliance with capital adequacy standards.

More about Yibin City Commercial Bank Co., Ltd. Class H

Yibin City Commercial Bank Co., Ltd is a joint stock company incorporated in the People’s Republic of China, operating in the banking industry. It provides financial services and products, focusing on banking operations and capital adequacy in compliance with regulatory requirements.

YTD Price Performance: 0.38%

Average Trading Volume: 157,672

For detailed information about 2596 stock, go to TipRanks’ Stock Analysis page.

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