BOC Group to Move to Hong Kong

Help | Sitemap | Archive | Advanced Search | Mirror in USA



CHINA BUSINESS OPINION WORLD SCI-EDU SPORTS LIFE WAP SERVICE FEATURES PHOTO GALLERY
	INTERACTIVE
	Message Board
	Feedback
	Voice of Readers
	China Quiz





	China At a Glance
	Constitution of the PRC
	State Organs of the PRC
	CPC and State Leaders
	Chinese President Jiang Zemin
	White Papers of Chinese Government
	Selected Works of Deng Xiaoping
	English Websites in China



	Help About Us SiteMap Employment
	MIRROR

	U.S. Mirror Japan Mirror Tech-Net Mirror Edu-Net Mirror

Monday, February 12, 2001, updated at 08:57(GMT+8)

Business

BOC Group to Move to Hong Kong

The newly restructured Bank of China (BOC) Group will move from its registered place Beijing to Hong Kong.

Hong Kong will become a platform for BOC to experiment with its global management system in the future and a springboard for it to expand business in Asia.

After the move, the mainland branch of BOC will become a stated-owned foreign funded bank.

Beijing revealed that the capital operations of BOC, that is, BOC's Renminbi transaction and financing activities, will be transferred to Hong Kong to ensure an effective control of risks.

Source: Panorama


Print	Discuss It	Recommend to your friend

In This Section



	The newly restructured Bank of China (BOC) Group will move from its registered place Beijing to Hong Kong.




Advanced Search


	BOC Issues First VISA Platinum Card in China BOC Resumes Business in Malaysia BOC Achieves Annual Profits of 10 Billion Yuan