Industrial and Commercial Bank of China (01398) completes the issuance of 2025 non-capital loss-absorbing bond (first tranche) (bond connect)

18:47 24/10/2025

Industrial and Commercial Bank of China (01398) announces that, with the approval of the relevant regulatory authorities, Industrial and Commercial Bank of China Limited...

Industrial and Commercial Bank of China (01398) announced that, with the approval of the relevant regulatory authorities, the China Industrial and Commercial Bank of China Co., Ltd.'s 2025 Non-Capital Bonds (First Tranche) (Bond Connect) has been fully issued in the national interbank bond market recently. The issuance size of the bonds is RMB 10 billion, with a maturity of 4 years and a fixed interest rate. The issuer has the conditional redemption right at the end of the third year, and the coupon rate is 2.02%. The funds raised from this bond issuance, after deducting issuance expenses, will be used to enhance the total loss absorption capacity of the bank in accordance with applicable laws and regulatory approvals.

SCHOLAR EDU (01769) has completed the issuance of a total of 110 million subscription shares.

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LAI SUN DEV (00488) released its annual performance, with a net loss attributable to shareholders of 2.874 billion Hong Kong dollars, a year-on-year decrease of 21.8%.

SCHOLAR EDU (01769) has completed the issuance of a total of 110 million subscription shares.

DAZHONG DENTAL (02651): Appointment of Xie Dong as an independent non-executive director officially approved.

LAI SUN DEV (00488) released its annual performance, with a net loss attributable to shareholders of 2.874 billion Hong Kong dollars, a year-on-year decrease of 21.8%.