Express News | PBOC Governor Pan Gongsheng: Six banks, including ICBC, ABC, BOC, CCB, will be authorized to conduct offshore RMB foreign exchange trading via the China Foreign Exchange Trade System platform in the Shanghai Free Trade Zone.

Breakings10:39

Bank of China (03988) will pay the dividend on its third series of domestic preferred shares on June 29.

Bank of China (Stock Code: 03988) announced that the proposal titled 'Domestic Non-public Offering of Preferred Shares by Bank of China Limited' was approved at the bank's first extraordinary general meeting in 2019, authorizing the Board of Directors to declare and pay dividends on all such domestic preferred shares in accordance with the terms of the issuance agreement. The dividend distribution plan for the third tranche of domestic preferred shares (Shanghai Stock Exchange Preferred Share Code: 360033; Preferred Share Abbreviation: BOC Pref 3) was approved at the Board meeting held on April 29, 2026. The dividend payment date is June 29, 2026.

Zhitong FinanceJun 16 17:31

BANK OF CHINA: Announcement on Distribution of Dividends for Domestic Preference Shares (Third Tranche)

HKEXJun 16 17:29 · Announcements

Bank of China (601988.SH): Issuance of Tier 2 Capital Bonds Completed

Gelonghui, June 16 — Bank of China (601988.SH) announced that the shareholders’ meeting held on July 18, 2025, approved a proposal for the bank to issue capital instruments not exceeding RMB 450 billion or its equivalent in foreign currencies. With the approval of relevant regulatory authorities, the bank issued RMB 50 billion worth of write-down Tier 2 capital bonds (the “Bonds”) in the interbank bond market on June 12, 2026, and completed the issuance on June 16, 2026. The Bonds are fixed-rate securities with a ten-year maturity, with an issuance size of RMB 50 billion and a coupon rate of

Gelonghui FinanceJun 16 17:13

The Digital RMB International Operations Center has signed agreements with 26 financial institutions, including ICBC Asia and Bank of China (Hong Kong) (02388.HK).

At the China International Finance Expo 2026, which opened today, the Digital RMB International Operations Center signed Direct Participant Service Agreements in Shanghai with an initial group of 26 financial institutions, including ICBC Asia and Bank of China (Hong Kong) (02388.HK). Participants can leverage the system capabilities of the Cross-Border Banking E-Payment System (CBETS) to provide clients with low-cost, diversified, secure, and efficient cross-border digital payment services, thereby facilitating cross-border trade and investment as well as promoting high-level financial openness. Gu Xuan, Executive Director, Deputy Chief Executive Officer, and Alternate Chief Executive Officer of ICBC (Asia), stated that this agreement marks the bank’s early and deep integration into the top-level architecture of the digital RMB.

AASTOCKSJun 16 16:50

Express News | Ye Xinjie, Deputy Branch Manager of Bank of China Ningbo Branch, is under investigation.

BreakingsJun 12 18:02