Chang Jiang Shang Bao·2025-06-23 01:05Core Viewpoint - China Bank is enhancing its global operational capabilities by injecting capital into its subsidiary, Bank of China (Europe) Limited, with an investment not exceeding 300 million euros (approximately 2.482 billion yuan) [2][8] Group 1: Capital Increase and Financial Performance - China Bank has completed a significant capital increase, raising 165 billion yuan through a private placement of 27.825 billion shares at a price of 5.93 yuan per share, with the net proceeds aimed at supplementing its core tier one capital [4][5] - The total assets of China Bank reached approximately 35.99 trillion yuan as of March 2025, reflecting a year-on-year growth of 2.64% [10] - The bank's net profit attributable to shareholders for the year 2024 was 237.84 billion yuan, representing a year-on-year increase of 2.56% [9] Group 2: Global Operations and Market Presence - As of the end of 2024, China Bank's total assets in Europe amounted to 991.604 billion yuan, accounting for 11.95% of the bank's total assets [9] - China Bank has established a presence in 64 countries and regions globally since its first overseas office in London in 1929 [9] - The bank's overseas deposits reached 589.102 billion USD by the end of 2024, marking a 6.70% increase from the previous year [9] Group 3: Regulatory and Strategic Context - The capital injection from the Ministry of Finance into state-owned banks is a key measure to enhance financial services to the real economy, in line with the central financial work conference's directives [3][8] - The four major state-owned banks collectively announced a capital increase plan of 520 billion yuan, with the Ministry of Finance expected to subscribe to 500 billion yuan of this total [7][8]