SHANGHAI, June 12 (AP) -- Bank of China, the country's second-largest lender, announced Monday that its initial public offering in Shanghai would go ahead, with shares to begin trading by July 5.

China's securities regulator reviewed the bank's listing plans on Friday, and a prospectus for the IPO was published Monday in the official newspaper China Securities Journal.

Earlier this month, the bank raised raised US$11.2 billion (€8.85 billion) in an IPO in Hong Kong, the world's fourth-biggest ever.

The listing in Shanghai will be smaller, raising up to US$2.5 billion (€2 billion).

The bank plans to sell up to 10 billion yuan-denominated shares, or 3.886 percent of its share capital, on the Shanghai Stock Exchange. Pricing for the IPO will be announced June 22, the bank said.