-- Bank of Communications (HKG:3328, SHA:601328) completed the issue of 40 billion yuan of 1.97% bonds falling due in 10 years, according to a Monday Hong Kong bourse filing.
The lender has a conditional redemption right at the end of the fifth year.
The bank will use proceeds to supplement its tier-2 capital.
AlphaMena on Tuesday raised the price target for Saudi conglomerate Kingdom Holding (SASE:4280) to 12.40 Saudi riyals from 12.30 riyals and affirmed its add rating.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)
BNP Paribas on Monday initiated the coverage of British venture capital group Molten Ventures (GROW.L, GRW.IR) with an outperform rating and a price target of 6.80 pounds sterling.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)
Ubhar Capital Oman on Monday raised its price target for Saudi mobile telecommunications company Etihad Etisalat (SASE:7020), d/b/a Mobily, to 83.30 Saudi riyals from 79.10 riyals, while maintaining a buy rating.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)