HONG KONG, May 13 (Reuters) - An investor in China Construction Bank <0939.HK> has sold $488 million worth of shares at HK$4.88 each, according to a source on Wednesday.
The price of the shares being sold is just under CCB's closing price of HK$4.98 on the Hong Kong stock exchange on Tuesday.
UBS AG <UBSN.VX> was the bookrunner on the sale, according to a term sheet.
Bank of America <BAC.N> on Tuesday sold $7.3 billion worth of shares in CCB <601939.SS> to a group of investors at HK$4.20 each, or a 14.3 percent discount to their closing price on Monday.
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