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Postal Savings Bank of China gets green light for A-share issuance

May 23, 2025 at 05:10 PM UTCBy FilingReader AI

Postal Savings Bank of China (SSE:601658) has received approval from the China Securities Regulatory Commission (CSRC) to proceed with its plan to issue A-shares to specific investors. This move, detailed in an announcement (reference number "Announcement No. Provisional 2025-036"), will allow the bank to strengthen its core tier-one capital. The CSRC's approval, documented under refence number "Zheng Jian Xu Ke (2025) 1080," permits the issuance, with strict adherence to submitted filings and issuing plans.

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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