Lates News

On August 26th, the Bank of China issued an announcement stating that at the shareholders' meeting held on June 30th, 2023, the bank approved a proposal to issue capital instruments not exceeding 450 billion yuan or equivalent foreign currency. With approval from the relevant regulatory authorities, the Bank of China issued a perpetual subordinated capital bond with a write-down feature on the national interbank bond market on August 22nd, 2025, and completed the issuance on August 26th, 2025.