China Construction Bank Corp. (0939.HK) disclosed Thursday the breakdown of the recent share sale by Bank of America Corp. (BAC).
Bank of America sold 2.77 billion shares to China Life Insurance (Group) Co. and two of its units, China Construction Bank said in a statement.
The U.S. lender sold 2.2 billion shares to BOCI Asia Ltd., the Chinese bank said.
It also sold around 8.5 billion shares to unspecified overseas funds, China Construction Bank said.
Bank of America spokesman Robert Stickler said Wednesday the bank sold shares to a Hopu Investment Management Co.-led consortium, which included Singaporean sovereign-wealth fund Temasek Holdings Pte. Ltd.
-Victoria Ruan contributed to this story, Dow Jones Newswires; 8610 6588-5848; victoria.ruan@dowjones.com