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As of 30 September 2021, the Bank of New York Mellon Co., Ltd. is the second largest preferred shareholder of Bank of China, holding 198 million shares, accounting for 16.52% of the preferred shares; MUFG Bank, Ltd. holds 520 million shares The ordinary shares of Bank of China hold 0.18%. Investors in MUFG and Mellon Bank may consider selling. MUFG and Mellon Bank indirectly funded the disappearance of Peng Shuai and Zhang Zhan by Chinese Communist regime.
Bank of China, itself controlled by the CCP, purchased bonds issued by Chinese Communist regime every year and granted credit facility to many state-owned entites.
In the first 9 months of 2021 and of 2020, the cash inflow of Bank of China from financing activities mainly came from the issuance of bonds, which issued 761.3 billion and 752.3 billion respectively. So who are acting as the bond underwriters of Bank of China?
BNP Paribas served as the joint global coordinator, joint lead underwriter and joint bookkeeping bank of Bank of China’s US$500 million "Magnolia Bond". BNP Paribas (China) Co., Ltd.'s financial institution department head is Wang Yujiang, the chairman is Yang Bohao, and the CEO is Lai Changgeng.
Lai Changgeng
In October 2021, Bank of China issued a USD 300 million sustainable development re-linked bond. The list of thanks includes Citi, HSBC, Westpac, etc. The theme of the issue is the so-called ESG.
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