Common Stockholder

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Ping An Bank evening announced the financing program

One day after the suspension, Ping An Bank (000001, SZ) announced the financing plan on the evening of July 15. According to the announcement, the Board of Ping An Bank examined and approved the non-public offering of not more than 20 billion yuan of preferred shares and non-public offering of not more than 10 billion yuan of common stock financing plan. "Daily Economic News" reporter noted that for this way to choose common shares and preferred shares at the same time, Ping An Bank stakeholders believe that the bank's capital supplement program to take into account the economic and timeliness, both to meet the urgent Financing needs, but also take into account the cost of the problem. Preferred stock financing costs are lower, ...

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