Bank of China gets Shanghai Exchange nod for A-share offering

Bank of China (HKEX: 3988) announced that it has received approval from the Shanghai Stock Exchange regarding its application for the offering of A-shares to specified investors. This review opinion pertains to the issuance of shares by Bank of China Limited, indicating compliance with offering, listing, and disclosure requirements. While this approval is a significant milestone, the offering remains subject to registration approval by the China Securities Regulatory Commission (CSRC). The bank cautioned that uncertainty remains regarding whether and when the CSRC will grant final approval. Bank of China stated it will make further announcements as appropriate, and advised investors to pay attention to investment risks. The announcement was made by the Board of Directors of Bank of China on May 9, 2025.