ICBC Redeems 38 Billion Yuan Bonds; Shares Down 3%
MT Newswires Live
Jul 01
Industrial and Commercial Bank of China (SHA:601398, HKG:1398) fully redeemed bonds worth 38 billion yuan, according to a Hong Kong filing on Tuesday.
The lender's Hong Kong shares fell 3% during Wednesday's morning trade.
The bonds were issued in 2011.
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