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An announcement from Bank of Qingdao Co., Ltd. Class H ( (HK:3866) ) is now available.
Bank of Qingdao Co., Ltd. has successfully completed the issuance of its 2025 Undated Capital Bonds in the national interbank bond market, with a total issuing size of RMB2 billion and a coupon rate of 2.45% for the first five years. The proceeds from this issuance will be used to supplement the Bank’s other tier-one capital, potentially strengthening its financial position and operational capabilities.
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, operating in the financial industry. It is involved in the issuance of bonds and other financial services, focusing on the national interbank bond market in China.
Average Trading Volume: 3,060,236
Technical Sentiment Signal: Buy
Current Market Cap: HK$29.97B
For an in-depth examination of 3866 stock, go to TipRanks’ Overview page.