BRIEF-ICBC Plans To Issue Tier-2 Capital Instruments Worth Up To 200 Bln Yuan

Reuters2021-10-29

Oct 29 (Reuters) - Industrial and Commercial Bank of China Ltd :

* SAYS IT PLANS TO ISSUE TIER-2 CAPITAL INSTRUMENTS WORTH UP TO 200 BILLION YUAN ($31.27 billion)

Source text Further company coverage:

($1 = 6.3962 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)

((meg.shen@thomsonreuters.com; 852-39525805;))

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Strawberry88
2021-10-29
Strawberry88
What’s the impact to their sharePrice? Debt ratio increase?

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