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An announcement from Luzhou Bank Co., Ltd. Class H ( (HK:1983) ) is now available.
Luzhou Bank Co., Ltd. has announced a proposed non-public issuance of up to 1,000,000,000 new H Shares, which would significantly increase the bank’s share capital. This move, subject to shareholder and regulatory approvals, aims to enhance the bank’s capital base and potentially improve its market position. Additionally, the bank plans to amend its Articles of Association to reflect changes in registered capital and equity structure following the share issue.
More about Luzhou Bank Co., Ltd. Class H
Luzhou Bank Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating within the financial services industry. The company primarily focuses on banking services and is listed on the Hong Kong Stock Exchange under the stock code 1983.
YTD Price Performance: 19.49%
Average Trading Volume: 37,684
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$6.39B
See more insights into 1983 stock on TipRanks’ Stock Analysis page.