China CITIC Bank plans RMB 35.0 billion redemption and China CITIC Bank stock costs EUR 0.94
Published on 10/07/2026 at 10:49 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
China CITIC Bank stock was trading at EUR 0.94 at Lang & Schwarz on October 7, 2026, unchanged from the prior close of EUR 0.94. The bank plans to redeem RMB 35.0 billion of domestic preference shares on October 26, 2026, according to The Globe and Mail on September 22, 2026.
RMB 35.0 billion capital decision
The planned transaction covers 350.0 million non-public domestic preference shares issued in October 2016. The redemption price will equal the nominal value plus accrued dividends for the relevant interest-bearing year, with principal and dividends scheduled for payment on October 26, 2026, the report said.
For investors, the key comparison is the size of the redemption against the bank's existing equity and funding base. The transaction retires a defined layer of hybrid capital rather than changing the bank's ordinary-share count, making capital structure the immediate issue to monitor.
Shanghai range frames the move
China CITIC Bank is listed in Shanghai under ticker 601998 and in Hong Kong under ticker 0998, with the ISIN CNE1000001Q4 confirmed by Investing.com. The Shanghai quote was CNY 9.10 on September 30, 2026, while the 52-week range was CNY 6.85 to CNY 9.15.
That range places the Shanghai quote CNY 0.05 below its 52-week high and CNY 2.25 above its 52-week low. Investing.com also listed nine Buy ratings and zero Hold or Sell ratings, alongside an average 12-month target of HKD 9.46, on its October 7, 2026 market page.
October 30 earnings date
The next earnings report is scheduled for October 30, 2026, according to Investing.com. That date gives investors a second near-term reference point after the preference-share redemption, while the October 26 payment date will clarify the timing of the capital action.
EUR 0.94 quote in trading
China CITIC Bank was trading at EUR 0.94 at Lang & Schwarz on October 7, 2026 at 10:39 a.m. CEST, unchanged from the Lang & Schwarz prior close of EUR 0.94. The further course of trading is shown by the continuously updated real-time quote of China CITIC Bank stock.
China CITIC Bank stock facts
- Company: China CITIC Bank Corporation Limited
- ISIN: CNE1000001Q4
- Ticker: 601998 Shanghai, 0998 Hong Kong
- Primary exchange: Shanghai Stock Exchange
- Price Lang & Schwarz (as of October 7, 2026, 10:39 a.m. CEST): EUR 0.94
- Change versus prior close: 0.00 percent
- Prior close Lang & Schwarz (October 6, 2026): EUR 0.94
- Market capitalization: CNY 506.4 billion (as of September 30, 2026)
- 52-week range: CNY 6.85-CNY 9.15 (as of September 30, 2026)
- Sector / Industry: Financial Services / Regional Banks
- Next earnings date: October 30, 2026
