China Construction Bank Corp. (0939.HK) disclosed Thursday the breakdown of the latest share sale by Bank of America Corp. (BAC) and said the U.S. bank doesn't plan either to add to or reduce its holding in China Construction Bank over the next 12 months.

Bank of America now holds a stake of about 11% in China Construction Bank. The shares are subject to a lockup until the end of August 2011.

Bank of America sold 2.77 billion shares to China Life Insurance (Group) Co. and two of its units - China Life Insurance Co. (LFC) and China Life Insurance Overseas Co., China Construction Bank said in a statement.

The U.S. lender sold 2.2 billion shares to BOCI Asia Ltd., the Chinese bank said.

Bank of America also sold around 8.5 billion shares to unspecified overseas funds, statement said.

Bank of America spokesman Robert Stickler said Wednesday the bank sold shares to a Hopu Investment Management Co.-led consortium, which included Singaporean sovereign-wealth fund Temasek Holdings Pte. Ltd.

-Victoria Ruan and Amy Or contributed to this story, Dow Jones Newswires; 8610 6588-5848; victoria.ruan@dowjones.com