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Bank of China Approves Key Resolutions and Financial Bond Issuance Plan

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Bank of China Approves Key Resolutions and Financial Bond Issuance Plan

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Bank of China ( (HK:3988) ) has provided an update.

Bank of China Limited held a Board of Directors meeting in Beijing on April 29, 2025, where several key resolutions were approved. These included the approval of the 2025 First Quarter Report, the Q1 Pillar 3 Disclosure Report, and the dividend distribution for Domestic Preference Shares. Additionally, the bank plans to issue financial bonds worth up to RMB350 billion for general purposes, with the issuance plan valid until the next Annual Shareholders’ Meeting. Amendments to the Articles of Association were also approved, reflecting the bank’s compliance with relevant laws and regulations.

More about Bank of China

Bank of China Limited is a major financial institution in the People’s Republic of China, offering a range of banking services and products. It operates in both domestic and international markets, focusing on providing comprehensive financial solutions to its clients.

YTD Price Performance: 19.57%

Average Trading Volume: 48,754

Technical Sentiment Signal: Sell

Current Market Cap: $212.4B

For an in-depth examination of 3988 stock, go to TipRanks’ Stock Analysis page.

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