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Bank of Qingdao Completes Issuance of 2025 Sci-tech Innovation Bonds

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Bank of Qingdao Completes Issuance of 2025 Sci-tech Innovation Bonds

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The latest announcement is out from Bank of Qingdao Co., Ltd. Class H ( (HK:3866) ).

Bank of Qingdao Co., Ltd. has successfully completed the issuance of its 2025 Sci-tech Innovation Bonds in the national inter-bank bond market in China, with a total issuing size of RMB1 billion and a fixed coupon rate of 1.87%. The proceeds from these bonds will be used to support sci-tech innovation businesses, enhancing the bank’s role in fostering technological advancements and potentially strengthening its position in the financial industry.

The most recent analyst rating on (HK:3866) stock is a Hold with a HK$4.50 price target. To see the full list of analyst forecasts on Bank of Qingdao Co., Ltd. Class H stock, see the HK:3866 Stock Forecast page.

More about Bank of Qingdao Co., Ltd. Class H

Bank of Qingdao Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, focusing on providing financial services. The company is involved in the issuance of bonds and loans, particularly aimed at supporting sci-tech innovation businesses.

Average Trading Volume: 3,106,032

Technical Sentiment Signal: Buy

Current Market Cap: HK$28.14B

Find detailed analytics on 3866 stock on TipRanks’ Stock Analysis page.

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