JIANGXI BANK Plans Private Placement of Up to 715 Million Domestic Shares and 215 Million H Shares
Stock News
Aug 06
JIANGXI BANK (01916) announced that to further enhance its capital adequacy ratio, optimize its shareholding structure, strengthen risk resilience, and support the development of the real economy, on August 6, 2026, the board of directors proposed a resolution to issue up to 715 million (inclusive) domestic shares and privately place up to 215 million (inclusive) H shares to qualified subscribers.
Proceeds from this issuance, after deducting related issuance expenses, will be fully used to replenish the bank's core Tier 1 capital.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.