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Shanghai International Port increases stake in Bank of Shanghai

May 21, 2018


Abstract : Bank of Shanghai announced that its shareholder Shanghai International Port (Group) Co. has raised stake in the bank to 6.73 percent.

上海银行“一带一路”境外服务中心揭牌

BEIJING, May 21 (Xinhua) -- Bank of Shanghai announced that its shareholder Shanghai International Port (Group) Co. has raised stake in the bank to 6.73 percent.

According to the announcement, Shanghai International Port bought over 19 million shares of Bank of Shanghai between May 8 and May 18. 

After the deal, Shanghai International Port owned about 525 million shares of the lender in total.

(Edited by Yang Yifan, yangyifan@xinhua.org)

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Keyword: Bank-of-shanghai

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