Bank of Communications Raises RMB40 Billion via Tier 2 Bond Issue

Claim 55% Off TipRanksUnlock hedge fund-level data and powerful investing tools for smarter, sharper decisions Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks The latest announcement is out from Bank of Communications Co ( (HK:3328) ). Bank of Communications Co., Ltd., one of China’s leading commercial banks listed in Hong Kong, has further tapped the domestic bond market to reinforce its capital structure. The lender, active in wholesale and interbank markets, continues to use regulatory capital instruments to underpin its lending capacity and maintain competitiveness under tightening prudential standards. The bank has completed the issuance of its 2026 Tier 2 Capital Notes (Series 1) via Bond Connect in the China Interbank Bond Market, raising RMB40 billion through ten-year fixed-rate bonds with a 1.97% coupon. The notes, which carry an issuer call option at the end of year five, will be used to supplement the bank’s tier-2 capital, bolstering its capital adequacy and supporting future business expansion under regulatory oversight. The most recent analyst rating on (HK:3328) stock is a Buy with a HK$7.75 price target. To see the full list of analyst forecasts on Bank of Communications Co stock, see the HK:3328 Stock Forecast page. More about Bank of Communications Co Bank of Communications Co., Ltd. is a major Chinese commercial bank operating in the China Interbank Bond Market and listed in Hong Kong, providing a broad range of banking and financial services. The bank focuses on both domestic and cross-border financing, including capital markets instruments aimed at strengthening its regulatory capital base and supporting balance sheet growth. YTD Price Performance: 14.73% Average Trading Volume: 22,578,630 Technical Sentiment Signal: Strong Buy Current Market Cap: HK$703.3B For an in-depth examination of 3328 stock, go to TipRanks’ Overview page.