Bank of China ( (HK:3988) ) has shared an announcement.
Bank of China Limited has received approval from the Shanghai Stock Exchange for its application to offer A-shares to specified investors. This move is part of the bank’s strategic plan to expand its investor base and enhance its capital structure. However, the offering is still pending approval from the China Securities Regulatory Commission, and the timing of this approval remains uncertain. The bank will continue to update stakeholders on the progress of this offering, advising investors to remain aware of potential investment risks.
More about Bank of China
Bank of China Limited is a major financial institution in the People’s Republic of China, operating in the banking industry. It provides a range of financial services, including corporate banking, personal banking, and financial markets services, with a focus on both domestic and international markets.
Average Trading Volume: 368,332,876
Technical Sentiment Signal: Buy
Current Market Cap: HK$1644.1B
See more data about 3988 stock on TipRanks’ Stock Analysis page.