Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Bank of China ( (HK:3988) ) has shared an update.
Bank of China Limited has announced the redemption of its 10-year fixed interest rate tier 2 capital bonds, originally issued in September 2020, amounting to RMB60 billion. The redemption, executed at the end of the fifth interest accrual year, reflects the bank’s strategic financial management and may influence its capital structure and investor relations.
The most recent analyst rating on (HK:3988) stock is a Buy with a HK$5.70 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 in China, operating as a joint stock company with limited liability. It is involved in the banking industry, providing a range of financial services and products, with a significant focus on both domestic and international markets.
Average Trading Volume: 260,801,744
Technical Sentiment Signal: Buy
Current Market Cap: HK$1556.8B
See more data about 3988 stock on TipRanks’ Stock Analysis page.