Shanghai Bourse Suspends Review for China CITIC Bank's Proposed A Share Allotment

MT Newswires Live

2024-11-01

China CITIC Bank (SHA:601998, HKG:0998) said the Shanghai Stock Exchange suspended the issuance and listing review procedures for the bank's allotment of A shares, according to a Thursday filing with the Shanghai bourse.

The bank said it will apply as soon as possible for the resumption of the review for share allotment to the original holders of A shares.

Shars of China CITIC Bank rose 2% in recent trade.

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