Bank of China announces mid-year profit distribution, capital raise

Bank of China Limited's board of directors approved a half-year profit distribution of yuan 1.094 per 10 shares (pre-tax), subject to shareholder approval. This follows a 2024 year-end cash dividend of yuan 1.216 per 10 shares (pre-tax). The bank successfully issued 27,824,620,573 A-shares to the Ministry of Finance, raising yuan 165bn, increasing its total share capital to 322,212,411,814 shares. This capital raise, along with a yuan 500m secondary capital bond issuance, aims to bolster core Tier 1 capital and ensure capital adequacy.

The bank reported a net profit attributable to shareholders of yuan 117.59bn for the first half of 2025. The bank also redeemed its second tranche of offshore preference shares ($2.92bn) and a yuan 400m perpetual bond, actively managing its capital structure.