China Construction Bank Completes RMB40 Billion Bond Issuance

China Construction Bank ( (HK:0939) ) has provided an update.

China Construction Bank Corporation has successfully completed the issuance of its 2025 Undated Additional Tier 1 Capital Bonds, raising RMB40 billion in the National Interbank Bond Market. This move is part of the bank’s strategy to strengthen its capital base, with the funds aimed at replenishing additional tier 1 capital, thus enhancing its financial stability and supporting future growth.

The most recent analyst rating on (HK:0939) stock is a Buy with a HK$6.50 price target. To see the full list of analyst forecasts on China Construction Bank stock, see the HK:0939 Stock Forecast page.

More about China Construction Bank

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

Average Trading Volume: 386,900,843

Technical Sentiment Signal: Buy

Current Market Cap: HK$1742.1B

For a thorough assessment of 0939 stock, go to TipRanks’ Stock Analysis page.