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Bank of Beijing nodded to issue preferred stocks

BEIJING
2015-11-04 21:06

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Bank of Beijing (601169.SH) announced on Wednesday that the China Securities Regulatory Commission (CSRC), China's top securities regulator, had approved its application to issue preferred stocks. The Shanghai-listed bank issued a notice on October 21 that it would issue as much as 49 million preferred stocks to raise 4.9 billion yuan.

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