China Construction Bank addresses share issue and regulatory queries

China Construction Bank Corporation [SSE:601939] is moving ahead with its plans for a targeted A-share issuance, addressing concerns raised by the Shanghai Stock Exchange (SSE) and other regulatory bodies. In a detailed filing, CCB responded to the SSE's inquiry letter regarding its application documents, providing clarifications on past administrative penalties and ongoing litigation matters. The planned A-share issuance aims to raise up to CNY 105 billion to strengthen its core tier-one capital.