Bank preferred stocks are exiting at an accelerated pace. On October 13, the Bank of Jiangsu issued an announcement stating that the bank privately issued 200 million preferred shares in November 2017, with an issuance scale of RMB 20 billion. It plans to fully redeem the preferred shares on November 30, 2026. According to the reporter's statistics, since this year, 5 listed banks have completed the redemption of preferred shares, and the market has entered a stage of “just unable to enter” stock consumption.

Bank preferred stocks are exiting at an accelerated pace. On October 13, the Bank of Jiangsu issued an announcement stating that the bank privately issued 200 million preferred shares in November 2017, with an issuance scale of RMB 20 billion. It plans to fully redeem the preferred shares on November 30, 2026. According to the reporter's statistics, since this year, 5 listed banks have completed the redemption of preferred shares, and the market has entered a stage of “just unable to enter” stock consumption.