According to Zhitong Finance App, ICBC (01398.HK) issued an announcement. At the board meeting held on September 6, 2026, the board of directors reviewed and approved (including) proposals relating to general mandates and current issuance. On the same day, according to the A-share issuance plan, the bank concluded a share subscription agreement on subscription matters. The distribution targets of this distribution are the Ministry of Finance, China Tobacco, Shanghai Tobacco, Yunnan Tobacco, Hunan Tobacco, and Hunan Tobacco, that is, subscribers. The Ministry of Finance's proposed subscription amount is RMB 70 billion, China Tobacco's proposed subscription amount is RMB 10 billion, Shanghai Tobacco's proposed subscription amount is RMB 5 billion, Yunnan China Tobacco's proposed subscription amount is RMB 5 billion, Hunan China Tobacco's proposed subscription amount is RMB 5 billion, and Hunan Tobacco's proposed subscription amount is RMB 5 billion. The subscription amount will be determined according to the amount of capital raised finally approved by the supervisory authority. The issuer has signed a share subscription agreement with the bank and intends to subscribe for the A-shares issued by the bank in cash.

Zhitongcaijing · 1d ago
According to Zhitong Finance App, ICBC (01398.HK) issued an announcement. At the board meeting held on September 6, 2026, the board of directors reviewed and approved (including) proposals relating to general mandates and current issuance. On the same day, according to the A-share issuance plan, the bank concluded a share subscription agreement on subscription matters. The distribution targets of this distribution are the Ministry of Finance, China Tobacco, Shanghai Tobacco, Yunnan Tobacco, Hunan Tobacco, and Hunan Tobacco, that is, subscribers. The Ministry of Finance's proposed subscription amount is RMB 70 billion, China Tobacco's proposed subscription amount is RMB 10 billion, Shanghai Tobacco's proposed subscription amount is RMB 5 billion, Yunnan China Tobacco's proposed subscription amount is RMB 5 billion, Hunan China Tobacco's proposed subscription amount is RMB 5 billion, and Hunan Tobacco's proposed subscription amount is RMB 5 billion. The subscription amount will be determined according to the amount of capital raised finally approved by the supervisory authority. The issuer has signed a share subscription agreement with the bank and intends to subscribe for the A-shares issued by the bank in cash.