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BRIEF-Bank Of Qingdao Plans A-, H-Share Placement To Boost Capital

reuters.com · 12/29/2021 07:39
BRIEF-Bank Of Qingdao Plans A-, H-Share Placement To Boost Capital

- Bank Of Qingdao Co Ltd 002948.SZ3866.HK:

  • SAYS IT AIMS TO RAISE UP TO 5 BILLION YUAN ($785.53 million)IN A-SHARE, H-SHARE PLACEMENT

  • SAYS PROCEEDS WILL BE USED TO BOOST ITS CORE TIER-1 CAPITAL

Source text

Further company coverage: 002948.SZ


($1 = 6.3651 Chinese yuan renminbi)


(Reporting by Hong Kong newsroom)

((Ella.Cao@thomsonreuters.com;))