FilingReader Intelligence

Bank of Communications pursues A-share issuance, application accepted

April 18, 2025 at 05:15 AM UTCBy FilingReader AI

Bank of Communications (SSE: 601328) is moving forward with its plan to issue A-share securities to specific investors after the Shanghai Stock Exchange (SSE) accepted the application on April 17, 2025. The move is detailed in a newly released prospectus, that outlines the bank's intention to raise up to CNY120 billion to reinforce its core tier-one capital.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

SSE:601328Shanghai Stock Exchange
Shanghai Blue ChipBanks

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