HONG KONG (MarketWatch) -- Bank of America Corp. /quotes/zigman/190927/quotes/nls/bac BAC +0.16% is considering a further sell down of its stake in China Construction Bank Corp. to boost its capital, the South China Morning Post reported Monday, citing unnamed sources.

The report said officials at the U.S. lender contacted China Construction Bank over the weekend to say it was weighing selling some of its shares in the mainland bank.

Bank of America in August sold half of its 10% stake in the Beijing-based bank for US$8.3 billion.
 

Source:Marketwatch