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Name | Symbol | Market | Type |
---|---|---|---|
Bank of Communications Company Ltd (PK) | USOTC:BCMXY | OTCMarkets | Depository Receipt |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 17.83 | 17.30 | 18.63 | 2 | 21:04:24 |
Bank of Communications Co. (3328.HK), 19%-owned by HSBC Holdings PLC (HBC), said Thursday it has completed the Hong Kong portion of a US$4.8 billion rights issue in both Shanghai and Hong Kong.
China's fifth-largest lender by assets said it raised HK$17.78 billion in a rights issue in Hong Kong, representing 99.28% of the total number of rights shares available in the territory.
The bank offered new Hong Kong dollar-denominated H shares at HK$5.14 each in the rights issue.
In June, Bank of Communications completed the Shanghai portion of its rights issue, raising CNY17.1 billion via a rights issue of yuan-denominated A shares, or nearly 98% of its target of as much as CNY17.5 billion.
-By Hong Kong Bureau, Dow Jones Newswires; 852-2802-7002; djnews.hk@dowjones.com
1 Year Bank of Communications (PK) Chart |
1 Month Bank of Communications (PK) Chart |
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