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.