An announcement from Agricultural Bank of China ( (HK:1288) ) is now available.
Agricultural Bank of China Limited has announced the redemption of its 10-year tier-2 capital bonds, originally issued in April 2020 with a total size of RMB40.0 billion. The bank exercised its redemption rights, as approved by the National Financial Regulatory Administration, to redeem the bonds in full on the fifth anniversary of their issuance, which may impact its capital structure and financial strategy.
More about Agricultural Bank of China
Agricultural Bank of China Limited is a joint stock company incorporated in the People’s Republic of China, operating within the financial services industry. It is primarily engaged in providing banking services and products, with a focus on the Chinese market.
Average Trading Volume: 174,447,310
Technical Sentiment Signal: Buy
Current Market Cap: HK$1990.8B
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