ABC evolved from a state-owned specialised bank to a state-owned commercial bank, and later a state-controlled commercial bank. It listed on the Hong Kong and Shanghai Stock Exchanges in 2010. Headquartered in Beijing, ABC operates a 23,461-branch network in China, providing corporate and retail banking products and services, and carries out treasury operations for its own accounts or for its customers. Shareholders Central Huijin, China's state-owned investment company, and the Ministry of Finance own 40% and 39%, respectively.
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