Ownership
As of June 7, 2006, following the Hong Kong IPO, the ownership of the Bank of China (SEHK:3988) was:
- State Administration of Foreign Exchange (an investment arm of the government of the People's Republic of China): 69.265%
- RBS China: 8.467% (4.26% for the benefit of RBS, the remainer held as custodian for the interests of billionaire Li Ka-shing)
- AFH Pte. Ltd. (a wholly owned subsidiary of Temasek): 4.765%
- National Council for Social Security Fund (PRC state pension fund): 4.576%
- UBS AG: 1.366%
- ADB: 0.205%
- Investors who received H shares from the Global Offering (IPO): 11.356%
Li Ka-shing, RBS, Temasek and UBS were contracted to hold their shares until 31 December 2008. All four sold their holdings on the open market in early January 2009.
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