FilingReader Intelligence
Bank of Communications gains approval for CNY 120bn A-share issuance
May 23, 2025 at 05:11 PM UTC•By FilingReader AI
Bank of Communications [SSE:601328] announced that it has received approval from the China Securities Regulatory Commission (CSRC) to proceed with its plan to issue A-shares to specific objects. The issuance, capped at CNY 120 billion, aims to bolster the bank’s core tier-one capital and support future business development.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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