FilingReader Intelligence
Bank of Communications pursues $16.7bn share issuance
April 21, 2025 at 12:08 PM UTC•By FilingReader AI
Bank of Communications (SSE:601328) is moving forward with a plan to issue A-shares to specific investors, aiming to raise up to CNY 120 billion (approximately $16.7 billion USD) to strengthen its core tier-one capital. This move comes as the bank seeks to meet evolving regulatory requirements and support continued growth. Cathay Haitong Securities Co., Ltd. and CITIC Construction Investment Securities Co., Ltd. are acting as lead sponsors for the offering.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
Supplementary Source Documents
Beijing King & Wood Mallesons' legal opinion on the issuance of A shares by Bank of Communications to specific partiesApril 17, 2025 at 01:22 PM UTC
Prospectus for the issuance of A-share securities by Bank of Communications to specific objects (Draft)April 17, 2025 at 01:22 PM UTC
KPMG Huazhen LLP's financial report and audit report on the issuance of A shares by Bank of Communications to specific objectsApril 17, 2025 at 01:22 PM UTC
Cathay Haitong Securities Co., Ltd. and CITIC Construction Investment Securities Co., Ltd.'s letter of sponsorship for the issuance of A shares by Bank of Communications to specific objectsApril 17, 2025 at 01:22 PM UTC
Announcement on the Acceptance of the Application of Bank of Communications for Issuance of A Shares to Specific Objects by the Shanghai Stock ExchangeApril 17, 2025 at 01:22 PM UTC
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