Since December, five banks, including Bank of Changsha, Bank of Beijing, Bank of Shanghai, Bank of Hangzhou, and Bank of Nanjing, have announced redemptions for their preferred shares, totaling 45.8 billion yuan. If you add the previous ICBC, Bank of China, Industrial Bank, and Bank of Ningbo, the number of banks that have redeemed their preferred shares has increased to 9 since 2025. A number of researchers said that as capital instruments for banks, new issuance of preferred shares by banks has almost stagnated since 2020. At the same time, along with the accelerated redemption and delisting of existing bank preferred shares, the stock size is shrinking more and more. In recent years, the willingness of commercial banks to redeem preferred shares has been continuously strengthened in order to optimize their capital structure. According to asset management agencies, the scarcity of bank preferred stock allocations has also been further highlighted.

Since December, five banks, including Bank of Changsha, Bank of Beijing, Bank of Shanghai, Bank of Hangzhou, and Bank of Nanjing, have announced redemptions for their preferred shares, totaling 45.8 billion yuan. If you add the previous ICBC, Bank of China, Industrial Bank, and Bank of Ningbo, the number of banks that have redeemed their preferred shares has increased to 9 since 2025. A number of researchers said that as capital instruments for banks, new issuance of preferred shares by banks has almost stagnated since 2020. At the same time, along with the accelerated redemption and delisting of existing bank preferred shares, the stock size is shrinking more and more. In recent years, the willingness of commercial banks to redeem preferred shares has been continuously strengthened in order to optimize their capital structure. According to asset management agencies, the scarcity of bank preferred stock allocations has also been further highlighted.