Summary by Moomoo AI
China International Capital Corporation (CICC) announced plans to issue 1.31 billion B shares. This issuance will take place between 2024 and 2025, with an expected completion date of January 13, 2025. The purpose of this issuance is to expand the company's capital scale and enhance its market competitiveness.This B share issuance will help optimize the company's equity structure and improve its financing capabilities. The company will advance the issuance work in a timely manner according to market conditions and regulatory requirements. Upon completion of this issuance, it is expected to further strengthen the company's overall strength and market influence.
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