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Bank of China Expands Global Reach with New Note Issuance

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Bank of China Expands Global Reach with New Note Issuance

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Bank of China ( (HK:3988) ) just unveiled an announcement.

Bank of China Limited, through its London Branch, has issued GBP250 million and CNY1.5 billion notes due in 2028 under its $40 billion Medium Term Note Programme. These notes have been admitted to trading on the International Securities Market of the London Stock Exchange, reflecting the bank’s strategic efforts to strengthen its international market position and diversify its funding sources.

The most recent analyst rating on (HK:3988) stock is a Buy with a HK$5.50 price target. To see the full list of analyst forecasts on Bank of China stock, see the HK:3988 Stock Forecast page.

More about Bank of China

Bank of China Limited is a major financial institution incorporated in the People’s Republic of China, offering a range of banking services and products. The bank operates internationally, with a focus on expanding its presence in global financial markets.

Average Trading Volume: 234,041,309

Technical Sentiment Signal: Buy

Current Market Cap: HK$1638.3B

Find detailed analytics on 3988 stock on TipRanks’ Stock Analysis page.

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