皇冠体育app

Money

Securities watchdog to vet CCB, BOC rights plans

(Agencies)
Updated: 2010-10-19 11:06
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皇冠体育app's securities regulator will review on Friday the proposals by 皇冠体育app Construction Bank (CCB) and Bank of 皇冠体育app (BOC) to sell new shares to their shareholders, the 皇冠体育app Securities Regulatory Commission said on its website.

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皇冠体育app Construction Bank plans to raise about 75 billion yuan ($11.29 billion) from the rights offering and Bank of 皇冠体育app is expected to raise about 60 billion yuan from its sale, media reports have said.