SEHK:3988Banks
Bank of China (SEHK:3988) Completes Tier 2 Bond Sale, Is The Stock Still Cheap?
Bank of China (SEHK:3988) has completed a RMB50b issuance of 10 year write down tier 2 capital bonds, a step that directly affects its capital structure, regulatory capital ratios, and long term funding mix.
See our latest analysis for Bank of China.
At a share price of HK$5.09, Bank of China has delivered a 12.36% year to date share price return, while its 1 year total shareholder return of 14.58% and very large 5 year total shareholder return point to momentum that has built steadily over...