[ET Net News Agency, 15 November 2017] Bank of China (03988) said it has recently
received approval from China Banking Regulatory Commission (CBRC) for the commencement of
operation of BOC Financial Asset Investment Co., Ltd.
According to CBRC's approval, the registered capital of BOC Asset Investment is Rmb10
billion and its place of registration is Beijing. BOC Asset Investment will mainly engage
in debt-to-equity swaps and other supporting businesses. (HL)