tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Bank of Communications Exercises Redemption Right for 2020 Bonds

Story Highlights
Bank of Communications Exercises Redemption Right for 2020 Bonds

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Bank of Communications Co ( (HK:3328) ) has shared an update.

Bank of Communications Co., Ltd. announced the exercise of its redemption right for its 2020 Undated Capital Bonds, valued at RMB30 billion, as per the terms outlined in the prospectus. The full redemption was completed on 25 September 2025, which may impact the company’s financial strategy and market positioning, reflecting its proactive management of capital resources.

The most recent analyst rating on (HK:3328) stock is a Buy with a HK$7.50 price target. To see the full list of analyst forecasts on Bank of Communications Co stock, see the HK:3328 Stock Forecast page.

More about Bank of Communications Co

Bank of Communications Co., Ltd. is a major financial institution in the People’s Republic of China, operating in the banking industry. It provides a wide range of financial services including corporate banking, personal banking, and treasury operations, with a focus on both domestic and international markets.

Average Trading Volume: 23,895,939

Technical Sentiment Signal: Buy

Current Market Cap: HK$607B

For detailed information about 3328 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1