BOCI has been one of the most active strategic private placement advisors to Chinese governmental bodies and state-owned companies, having pioneered the largest such private placement in 2003 in an RMB 4 billion transaction for the Shenzhen Water Group. Other successful transactions include strategic private placements for Shenzhen Public Transportation, Shenzhen Gas, Nanjin Gas and Datang Telecom.
BOCI has also been the leading advisor to PRC financial institutions. In 2006 it acted as financial advisor to Guangdong Development Bank and pioneered its successful concurrent asset restructuring transaction and RMB 24.1 billion strategic share placement to international and domestic strategic investors.
Other advised transactions in the financial institutions sector include strategic private placements for Industrial Bank, Bank of Beijing, Citic Securities and Shenzhen International Trust & Investment.