The Bank of China (BOC) will be listed on the Hong Kong Stock Exchange in May, the China Securities Journal reported on Monday.

Quoting well-informed sources, the report said the BOC would launch its the public offering in mid-May.

The BOC plans to raise around 6 billion U.S. dollars through the initial public offering (IPO) in Hong Kong, according to earlier reports.

BOC International, Goldman Sachs and the United Bank of Switzerland have been chosen as the underwriters.

The BOC also plans to list on the Shanghai Stock Exchange later this year.

Source: Xinhua