China CITIC Bank redeems CNY 35.0 billion preference shares for China CITIC Bank stock

Published on 10/21/2026 at 09:12 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Payment is set for October 26, 2026 for 350 million preferred shares. China CITIC Bank stock costs EUR 0.95 on October 21, 2026, with CNY 500.8 billion market cap.

Capital timeline and trading context

China CITIC Bank announced a CNY 35.0 billion preference-share redemption on October 20, 2026.
The final trading day is October 22, 2026, followed by payment and delisting on October 26, 2026.
China CITIC Bank stock trades at EUR 0.95 at 9:07 a.m. CEST at Lang & Schwarz on October 21, 2026.

China CITIC Bank, CNE1000001Q4, Illustration mit AI erstellt.

China CITIC Bank stock was trading at EUR 0.95 at Lang & Schwarz on October 21, 2026 at 9:07 a.m. CEST. The bank announced a CNY 35.0 billion redemption of 350 million preference shares on October 20, 2026, giving the stock a concrete capital-structure event to digest.

Redemption plan sets three dates

The announcement covers all outstanding domestic preference shares issued in 2016. According to HKEX, each of the 350 million securities has a nominal value of CNY 100, while the aggregate issue size is CNY 35.0 billion. The redemption price consists of the nominal value plus accrued dividends.

Three capital milestones in 2026

On August 26, 2026, the board approved the exercise of the redemption right for the CNY 35.0 billion preference-share issue, as stated in the bank's announcement. On September 21, 2026, China CITIC Bank set October 26, 2026 as the redemption date, according to MarketScreener. On October 20, 2026, the bank published the final timetable and confirmed the CNY 35.0 billion size through HKEX.

What does the redemption change?

The preference shares will be suspended from trading on October 23, 2026 and delisted on October 26, 2026. The bank says the redeemed securities will be written down to zero in holders' accounts, removing the 350 million-share preference instrument from the listed capital structure.

Next dates for investors

The next two dated steps are October 22, 2026, the last trading day for the preference shares, and October 26, 2026, when redemption payment and delisting are scheduled. The bank's latest quarterly data show net income of CNY 17.50 billion in the second quarter of 2026, following CNY 20.10 billion in the first quarter.

Stock price and bank scale

On its Hong Kong listing, the bank was last quoted at CNY 9.00 on October 21, 2026 at 2:54 p.m. HKT. Its market capitalization was CNY 500.8 billion, while the 52-week range stood at CNY 6.85 to CNY 9.35. For investors, the redemption is a defined capital event, while the next earnings release is scheduled for October 29, 2026.

Trading remains tied to the timetable

The euro quotation was trading at EUR 0.95 at Lang & Schwarz on October 21, 2026 at 9:07 a.m. CEST. The next material dates are the preference shares' final trading day and the planned redemption payment.

The further course of trading is shown by the continuously updated real-time quote of China CITIC Bank stock.