Summary by Moomoo AI
China International Capital Corporation recently announced that it will publicly issue perpetual subordinated bonds (first tranche) for professional investors in 2024. The prospectus has been published on the Shanghai Stock Exchange website. The credit rating of the issued perpetual subordinated bonds is AAA, with a stable outlook, indicating the issuer's strong ability to repay debts and extremely low default risk. China International Capital Corporation stated that the proceeds from this issuance will be used to supplement working capital to support the sustainable development of the company's business. As the first Sino-foreign joint venture investment bank in China, China International Capital Corporation has a rich customer base and brand advantages, as well as outstanding cross-border business capabilities in...Show More