China CITIC Bank redeems RMB 35 billion and China CITIC Bank stock costs EUR 0.92
Published on 10/22/2026 at 09:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSCapital structure and market dates
- China CITIC Bank announced the redemption of 350 million preference shares on October 20, 2026.
- MarketScreener lists a third-quarter 2026 earnings release for October 29, 2026.
- China CITIC Bank stock trades at EUR 0.92 at 9:31 a.m. CEST at Lang & Schwarz on October 22, 2026.
China CITIC Bank (ISIN CNE1000001Q4) stock was trading at EUR 0.92 at Lang & Schwarz on October 22, 2026 at 9:31 a.m. CEST. According to TipRanks on October 20, 2026, the bank announced the full redemption and delisting of 350 million domestic preference shares with a nominal value of RMB 35.0 billion.
Capital restructuring reaches a fixed date
The redemption concerns the preference shares issued in 2016 under the abbreviation CITIC Excellent 1 and code 360025. Regulatory clearance has been obtained, and the redeemed instruments are scheduled to be canceled after trading suspension.
The timetable gives investors two concrete dates. The last trading day is October 22, 2026, while redemption payment is scheduled for October 26, 2026, according to TipRanks.
What comes next for the bank?
The disclosed sequence makes the capital event more operational than speculative: 350 million preference shares leave the outstanding capital instruments, and RMB 35.0 billion is paid to holders. The bank's ordinary A-share reference quotation was CNY 8.90 on October 22, 2026, with a market capitalization of CNY 495.2 billion, according to structured market data.
Chronology provides a wider frame. On September 21, 2026, China CITIC Bank set the redemption date for its preference shares; on September 22, 2026, it raised RMB 5.0 billion through a three-year bond issue; and on October 20, 2026, it announced the full RMB 35.0 billion preference-share redemption, as reported by MarketScreener.
Two dates shape the near-term calendar
Redemption payment is scheduled for October 26, 2026. MarketScreener also lists a third-quarter 2026 earnings release for October 29, 2026, giving the capital event and the next operating update separate places on the calendar.
Price holds the market reference
The EUR 0.92 Lang & Schwarz quotation puts the German trading reference alongside a capital event worth RMB 35.0 billion. For investors, the key distinction is between the cancellation of a preference instrument and the bank's later operating update.
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
- Primary exchange: Shanghai Stock Exchange
- Price Lang & Schwarz (as of October 22, 2026, 9:31 a.m. CEST): EUR 0.92
- Market capitalization: CNY 495.2 billion (as of October 22, 2026)
- Sector / Industry: Financial Services / Banks - Regional
- Next earnings date: October 29, 2026
Market context: Market report Shanghai Composite.
