Bank of China to raise 60 bln yuan in rights issue to replenish capital

Posted on 10/31/2010


Xinhua reports, “Bank of China (BOC), the country’s fourth-largest lender by assets, said Friday it would raise up to 60 billion yuan (8.97 billion U.S. dollars) in a dual rights issue in Shanghai and Hong Kong stock exchanges to replenish capital. In a statement filed to the Shanghai and Hong Kong stock exchanges, BOC said […]

Get News, People, and Transactions, Delivered to Your Inbox