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A street in Shanghai, China. Photo by Hanny Naibaho via Unsplash.

Bank of East Asia acquires additional floors in Shanghai tower office

It now owns about 85% of the BEA Finance Tower’s floor area, it said.

The Bank of East Asia (BEA) has acquired additional floors in BEA Finance Tower in Lujiazui, Shanghai.

The Hong Kong-headquartered bank—the largest local and homegrown bank of the city—now owns approximately 85% of the tower’s floor area, covering about 78,334 square meters.

BEA’s offices in the tower serve as its mainland China headquarters. It first acquired core floor areas of the building in 2009 through The Bank of East Asia (China), its wholly-owned banking subsidiary.

The acquisition demonstrates the bank’s firm commitment to the mainland Chinese market, said Adrian Li and Brian Li, co-chief executives of BEA.

“We remain confident in the long-term outlook of the Chinese economy and Shanghai’s prominence as a global financial hub,” the two Lis said in a statement on 1 April 2026.

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