Bank of China completes A-share offering, boosts capital

Bank of China announced the successful completion of its A-share offering to a specified investor, the Ministry of Finance, resulting in significant capital infusion and adjustments to its shareholder structure. The offering, approved by regulatory bodies including the China Securities Regulatory Commission and the Shanghai Stock Exchange, involved the issuance of 27,824,620,573 RMB-denominated ordinary shares at a price of CN¥5.93 per share.