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Bank of Beijing concludes preference share issue, raising RMB4.9 bln

BEIJING
2015-12-22 10:54

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Bank of Beijing Co., Ltd. (601169.SH) announced on Tuesday that it had concluded a non-public preference share issue at a dividend yield ratio of 4.5 percent. The bank raised totally 4.9 billion yuan from the preferred share issue, all of which will be used to supplement its core capital, said the bank.

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