Bank of China entered the silent period of listing and landed on the Hong Kong Stock Exchange as early as June.
After the completion of strategic investment promotion, BOC, which is actively preparing for listing, entered the "silent period" before listing as expected. An authoritative person of Bank of China said in an interview yesterday that the bank has submitted an application for listing to the Hong Kong Stock Exchange. According to the relevant regulations of the Stock Exchange, before the formal listing, the bank will no longer comment on the listing.
Li Lihui, governor of Bank of China, said in an interview with the media a few days ago that China Bank has basically met all the requirements of a listed bank, and the time for listing is ripe. He said that the bank's current return on capital is 1 1.5% to1.6%, and the non-performing loan ratio has dropped to 4.7% to 4.8%. If BOC goes public, it will be recognized by international investors. Recently, BOC has contacted many overseas investment institutions. Recently, a Canadian bank came to discuss the issue of subscribing hundreds of millions of dollars of shares during the IPO of Bank of China.
The statements of the above two key figures of the Bank of China have indicated that the listing of the Bank of China is imminent. According to the progress of CCB's listing in Hong Kong, if it goes well, the Bank of China will go through the hearing of the Stock Exchange in April at the latest, then conduct a global roadshow, and officially go public in Hong Kong in June at the earliest.
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