Air China Completes A-Share Placement to Parent and Affiliate, Raising Approximately RMB 20 Billion Net

Stock News06-09

Air China Limited (HKEX: 00753) has announced the completion of a private placement of A-shares to its controlling shareholder and a related entity. The transaction involved the issuance of approximately 3.044 billion new A-shares at a price of RMB 6.57 per share.

The placement was finalized on June 4, 2026, and the net proceeds raised from the offering are approximately RMB 19.99 billion. The shares were issued to China National Aviation Holding Corporation and China Aviation Industry Corporation I, Ltd.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment