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HKG:0998

17 stories mentioning HKG:0998Updated 2d ago

Every FINWIRES story that references HKG:0998, newest first.

Asia

Tianjin Printronics Circuit to Apply for Credit Lines from China Everbright, CITIC

Tianjin Printronics Circuit (SHE:002134) will apply for credit lines from two different banks, according to a Tuesday disclosure to the Shenzhen bourse.The circuit board manufacturer will apply for a 60 million-yuan credit line from China Everbright Bank's (HKG:6818, SHA:601818) Tianjin branch, valid for up to 24 months, as well as for a credit line of up to 200 million yuan from China CITIC Bank (HKG:0998, SHA:601998) Tianjin branch.

HKG:0998HKG:6818SHA:601818SHA:601998SHE:002134
Asia

Top Bright Unit Disposes of 30 Million Yuan Structured Deposit

Top Bright Holding (TPE:8499) subsidiary Long Young Electronic (Kunshan) disposed of 30 million yuan in structured deposits with China CITIC Bank (HKG:0998, SHA:601998), according to a Friday Taiwan Exchange filing.The transaction generated a profit of NT$117,000, which was received in a one-time payment.Shares of the electronics manufacturer were down over 2% in recent trade

HKG:0998SHA:601998TPE:8499
Treasury

China Citic Bank International Files for Singapore Listing of 1.33 Billion Yuan Bonds

China Citic Bank International (HKG:0998, SHA:601998) filed for the listing of 1.33 billion yuan worth of undated non-cumulative subordinated add Tier 1 capital bonds on the Singapore bourse, according to a filing with the Singapore Exchange on Thursday.The bonds fall under the bank's $3 billion medium-term bonds program.The bonds will be listed and quoted on the Bonds Market on or about July 23, the bank said.

^STIHKG:0998SHA:601998
Treasury

China Citic Bank International Files for Singapore Listing of $500 Million Bonds

China Citic Bank International (HKG:0998, SHA:601998) filed for the listing of $400 million worth of undated Tier 1 capital bonds on the Singapore bourse, according to a filing with the Singapore Exchange on Thursday.The bonds will be listed and quoted on the Bonds Market on or about July 23, the bank said.

^STIHKG:0998SHA:601998
Asia

YTO Express Prices 500 Million Yuan 266-Day Debt at 1.51%

YTO Express (SHA:600233) issued 500 million yuan of 266-day debts, according to a Saturday filing with the Shanghai bourse.The logistics company's debts have a coupon of 1.51% and are set to mature April 9, 2027.China CITIC Bank (HKG:0998, SHA:601998) is the bookkeeping manager and lead underwriter of the issuance.

HKG:0998SHA:600233SHA:601998
Asia

GEM Issues 500 Million Yuan of Three-Year Tech Bonds

GEM (SHE:002340) issued 500 million yuan of three-year technology innovation bonds, according to a Friday filing with the Shenzhen Stock Exchange.The bonds hold a coupon rate of 2.54% and will mature on July 16, 2029. They form part of a 1.50-billion-yuan issuance.Industrial Bank (SHA:601166) is the bookkeeping manager and lead underwriter.Guangdong China Resources Bank, CITIC Bank (HKG:0998, SHA:601998), Guangfa Bank, Bank of Shanghai (SHA:601229), and Shanghai Pudong Development Bank (SHA:600000) are the joint lead underwriters.

HKG:0998SHA:600000SHA:601166SHA:601229SHA:601998SHE:002340
Asia

Market Chatter: China CITIC Bank Raises $400 Million, 1.3 Billion Yuan via Perpetual Bond Sale

China CITIC Bank (HKG:0998, SHA:601998) has completed the sale of $400 million in U.S. dollar-denominated perpetual bonds and 1.33 billion yuan in offshore yuan perpetual notes, Reuters reported on Wednesday, citing term sheets it reviewed.The Hong Kong-based lender reportedly priced the U.S. dollar notes to yield 5.00% and the offshore yuan notes at 2.30%, tightening from initial guidance of about 5.45% and 2.90%, respectively.The perpetual bonds are callable on July 22, 2031, after five years, with proceeds earmarked for funding needs and general corporate purposes, according to the report.China CITIC Bank did not immediately respond to' request for comment.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

HKG:0998SHA:601998
Asia

China CITIC Bank Completes 14.5% Stake Purchase in Yunnan Hongta Bank

China CITIC Bank (HKG:0998, SHA:601998) completed the acquisition of a 14.52% stake in Yunnan Hongta Bank after receiving regulatory approval, according to a Friday Hong Kong bourse filing.The bank acquired 914.6 million shares from Kunming Industrial Development and Investment, formally becoming a shareholder of Yunnan Hongta Bank.

HKG:0998SHA:601998
Asia

Lepu Medical Technology Issues 500 Million Yuan of Three-Year Bonds

Lepu Medical Technology (SHE:300003) issued 500 million yuan in three-year bonds, according to a Tuesday after-market filing with the Shenzhen bourse.The bonds have a 2.2% rate.China Merchants Bank (HKG:3968, SHA:600036) is the bookeeping manager and lead underwriter, while China CITIC Bank (HKG:0998, SHA:601998), Export-Import Bank of China, and Bank of China (HKG:3988, SHA:601988) are the joint lead underwriters.

HKG:0998HKG:3968HKG:3988SHA:600036SHA:601988SHA:601998SHE:300003
Asia

Softcare Unit Enters FX Forward Contracts

Softcare (HKG:2698) unit Sunmart Trading FZCO entered into an FX forward contracts with China CITIC Bank Corporation Limited Guangzhou Branch on Monday, according to a Wednesday Hong Kong bourse filing.Under the contract, Sunmart Trading agreed to sell 29.9 million euros and buy $34.7 million for hedging against its exposure to exchange rate movements on its foreign currency assets.Hygiene product maker Sunmart Trading is required to place deposits of 14.1 million yuan with the bank to secure its obligations under the contract.The bank is a unit of China CITIC Bank (HKG:0998, SHA:601998).

HKG:0998HKG:2698SHA:601998
Asia

Postal Savings Bank of China Appoints Chief Compliance Officer

Postal Savings Bank of China (HKG:1658, SHA:601658) appointed President Lu Wei as chief compliance officer, effective Tuesday, according to a same-day Hong Kong bourse filing.Hong Kong-listed shares of the lender were down nearly 1% in Wednesday's late morning trade.Lu previously held senior roles at China CITIC Bank (HKG:0998, SHA:601998) and also served as chairman of CITIC Trust.

HKG:0998HKG:1658SHA:601658SHA:601998
Asia

China CITIC Bank Names President

China CITIC Bank (HKG:0998, SHA:601998) named Lyu Tiangui as its president and chief compliance officer on Wednesday, according to a same-day Hong Kong bourse filing.The appointment will become effective following the relevant regulatory approvals.

HKG:0998SHA:601998
Asia

Kunshan Huguang Auto Harness Redeems Wealth Management Products at Maturity

Kunshan Huguang Auto Harness (SHA:605333) redeemed three wealth management products purchased by the company upon maturity, according to a Tuesday disclosure to the Shanghai bourse.The company redeemed 50 million yuan from a wealth management product from CITIC Bank (HKG:0998, SHA:601998) and 120 million yuan each from two products linked to Bank of Communications (HKG:3328, SHA:601328).

HKG:0998HKG:3328SHA:601328SHA:601998SHA:605333
Asia

China CITIC Bank's Profit Rises 3% in Q1

China CITIC Bank (HKG:0998, SHA:601998) posted net profit attributable to equity holders of 20.1 billion yuan for the first quarter, up 3% from 19.5 billion yuan a year earlier, according to a Wednesday Hong Kong bourse filing.Earnings per share stood at 0.36 yuan, unchanged from a year earlier.Operating income rose 5.6% to 54.7 billion yuan from 51.8 billion yuan in the prior-year period.

HKG:0998SHA:601998
Asia

China CITIC Bank Redeems 40 Billion Yuan Bonds

China CITIC Bank (HKG:0998, SHA:601998) fully redeemed 40 billion yuan of undated bonds, according to a Monday Hong Kong bourse filing.The lender exercised its redemption right on the fifth anniversary of the bonds issued in April 2021.

HKG:0998
Asia

Hubei Chutian Smart Communication Issues 1 Billion Yuan in 90-Day Bonds

Hubei Chutian Smart Communication (SHA:600035) issued 1 billion yuan in 90-day bonds, according to a Saturday filing with the Shanghai bourse.The bonds have an issuance rate of 1.4%, with 3.01 billion yuan in subscriptions.Industrial Bank (SHA:601166) is the bookkeeping manager and lead underwriter, while CITIC Bank (HKG:0998, SHA:601998) is the joint lead underwriter.

HKG:0998SHA:600035SHA:601166SHA:601998
Asia

China CITIC Bank Sells 40 Billion Yuan Bonds

China CITIC Bank (HKG:0998, SHA:601998) completed the issue of 40 billion yuan of undated capital bonds in the interbank bond market on Friday, according to a same-day Hong Kong bourse filing.The bonds carry a coupon rate of 2.06% for the first five years, following which it will be adjusted every five years.The lender has a conditional redemption right on each interest payment date in the fifth year and the years to follow.The bank will use proceeds to replenish its other tier-one capital.

HKG:0998SHA:601998

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