CCB: BofA Has No Plan To Add Or Cut CCB Holding Over 12 Months
May 13 2009 - 11:02PM
Dow Jones News
China Construction Bank Corp. (0939.HK) said Bank of America
Corp. (BAC) doesn't plan to either add to or reduce its holding in
the Chinese lender in the next 12 months.
Bank of America now holds a stake of about 11% in China
Construction Bank. The shares are subject to a lockup until the end
of August 2011.
-Victoria Ruan contributed to this story, Dow Jones Newswires;
8610 6588-5848; victoria.ruan@dowjones.com