China Construction Bank Raises RMB60 Billion in Tier-2 Bond to Boost Capital

China Construction Bank ( (HK:0939) ) just unveiled an announcement.

China Construction Bank has completed the issuance of its 2026 domestic Tier-2 capital bonds (second tranche) via Bond Connect in the National Interbank Bond Market, following shareholder approval for up to RMB700 billion in capital and loss-absorbing instruments. The new tranche, a RMB60 billion fixed-rate bond with a 10-year term, 1.88% coupon, and a conditional redemption option at year five, will be used to replenish the bank’s Tier-2 capital, strengthening its regulatory capital base and loss-absorbing capacity ahead of evolving prudential requirements.

The issuance underlines the bank’s ongoing strategy to diversify funding channels and reinforce its capital adequacy through sizable hybrid debt programs, reflecting heightened focus on resilience in China’s banking sector. By accessing Bond Connect and the domestic interbank market, China Construction Bank further consolidates its position as a leading issuer in renminbi capital instruments, which may support future lending capacity and bolster confidence among regulators and institutional investors.

The most recent analyst rating on (HK:0939) stock is a Buy
with a HK$10.20 price target.
To see the full list of analyst forecasts on China Construction Bank stock,
see the HK:0939 Stock Forecast page.