JIANGXI BANK (01916) plans to issue no more than 715 million domestic shares and 215 million H shares through a special authorized private placement.
Jiangxi Bank (01916) announced that in order to further improve capital adequacy levels, optimize the equity structure, enhance risk resistance capabilities, and serve the development of the real economy, on August 6, 2026, the board of directors passed a proposal to issue no more than 715 million (including this number) domestic shares to specific investors and to privately issue no more than 215 million (including this number) H-shares to qualified subscribers. The net proceeds from this issuance, after deducting related issuing expenses, will be used entirely to replenish the bank's core tier 1 capital.
JIANGXI BANK (01916) announced that in order to further enhance its capital adequacy ratio, optimize its equity structure, strengthen its risk resistance capabilities, and support the development of the real economy, on August 6, 2026, the Board of Directors approved a proposal to issue no more than 715 million domestic shares (including this amount) and no more than 215 million H-shares (including this amount) to qualified subscribers through a private placement. The net proceeds raised from this issuance, after deducting related issuance costs, will be used entirely to replenish the bank's core Tier 1 capital.
Related Articles

US Stock Market Move | AppLovin (APP.US) plummeted over 20% as Q3 guidance fell short of expectations.

The initial release of approximately $100 billion worth of stocks did not trigger a wave of sell-offs. SpaceX (SPCX.US) shares experienced slight fluctuations, while market sentiment remains relatively bearish.

US Stock Market Move | TTM Technologies, Inc. (TTMI.US) surged over 12% as Q2 performance exceeded expectations.
US Stock Market Move | AppLovin (APP.US) plummeted over 20% as Q3 guidance fell short of expectations.

The initial release of approximately $100 billion worth of stocks did not trigger a wave of sell-offs. SpaceX (SPCX.US) shares experienced slight fluctuations, while market sentiment remains relatively bearish.

US Stock Market Move | TTM Technologies, Inc. (TTMI.US) surged over 12% as Q2 performance exceeded expectations.

RECOMMEND





