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SHE:002948

2 stories mentioning SHE:002948Updated 38m ago

Every FINWIRES story that references SHE:002948, newest first.

Asia

Bank of Qingdao Sells 4 Billion Yuan Bonds

Bank of Qingdao (HKG:3866, SHE:002948) completed the issue of 4 billion yuan of undated bonds, according to a Thursday Hong Kong bourse filing.The bonds have an interest rate of 2.01% during the first five years, after which it will be reset every five years.The lender has the right to redeem all or part of the bonds on every interest payment date from the fifth year onward.The bank will use proceeds to supplement its other tier-one capital.

HKG:3866SHE:002948
Asia

Haier Industrial Development to Offload 1.84% Stake in Bank of Qingdao

Bank of Qingdao's (HKG:3866, SHE:002948) shareholder Qingdao Haier Industrial Development plans to reduce its holding in the firm by 107.1 million, or 1.84%, shares, according to a Tuesday Hong Kong bourse filing.Shares of the lender were down nearly 1% in Wednesday afternoon trading.Qingdao Haier Industrial Development, which currently holds 532.6 million, or 9.15%, shares in the bank, will dispose of shares through block trades within 3 months after 15 trading days from the disclosure date.

HKG:3866SHE:002948

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