China Construction Bank Corporation Class A 601939
SSE · China · Finance
CNY 11.06+0.03 (+0.27%)
Market closed· · CNY · Data may be delayed
Prices may be delayed and are for informational purposes only - not investment advice.
Market closed· · CNY · Data may be delayed
Prices may be delayed and are for informational purposes only - not investment advice.
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China Construction Bank (SEHK:939) completed an issuance of RMB 40b in Additional Tier 1 Capital Bonds to strengthen its capital base. The new Additional Tier 1 instruments are structured to count toward the bank's regulatory capital requirements under current rules. The issuance adds to China Construction Bank's loss absorbing capital, which can support resilience during periods of financial stress. The completion of this RMB 40b Additional Tier 1 Capital Bond issuance deserves weighing...
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
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