Chong Hing Bank (HKG:1111) announced that its floating-rate subordinated notes due 2016 in the aggregate principal amount of US$125 million were redeemed in full on 16 December 2011, and accordingly, there were no such outstanding notes in issue.

The bank has applied to the Stock Exchange for the withdrawal of the listing of the notes. Such withdrawal is expected to become effective upon the Stock Exchange's close of business on 9 January 2012.