Bank of China and China Construction Bank completed their private placement on the same day, raising a total of 285 billion yuan.

On June 13, Bank of China and China Construction Bank successively disclosed their final announcements for private placement, raising a total of 285 billion yuan. These private placement shares have a lock-up period of 5 years, representing typical long-term funds. After the private placement, the capital adequacy ratios of Bank of China and China Construction Bank at all levels will be significantly improved. The Ministry of Finance will also become the controlling shareholder of China Construction Bank, further optimizing its ownership structure. Market participants believe that this move will further enhance the operational resilience of state-owned mega-banks, strengthen their lending capacity through the leverage effect of capital, and demonstrate the government's confidence in the steady operation of state-owned mega-banks.