ICBC announced that on November 11, 2026, the Bank received the “Exchange Review Opinions on the Issuance of Shares to Specific Targets by Industrial and Commercial Bank of China Co., Ltd. from the Shanghai Stock Exchange”, believing that the Bank's application to issue shares to specific targets met the issuance conditions, listing conditions and information disclosure requirements. The issue of issuing A-shares to specific targets requires approval from the China Securities Regulatory Commission before it can be implemented. There is still uncertainty about the final decision and timing of whether the registration will be approved by the China Securities Regulatory Commission.
Zhitongcaijing · 1d ago
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ICBC announced that on November 11, 2026, the Bank received the “Exchange Review Opinions on the Issuance of Shares to Specific Targets by Industrial and Commercial Bank of China Co., Ltd. from the Shanghai Stock Exchange”, believing that the Bank's application to issue shares to specific targets met the issuance conditions, listing conditions and information disclosure requirements. The issue of issuing A-shares to specific targets requires approval from the China Securities Regulatory Commission before it can be implemented. There is still uncertainty about the final decision and timing of whether the registration will be approved by the China Securities Regulatory Commission.
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