| 23.07.2015 - CICC focus on $7.8b as it files for listing |
| China International Capital Corp, the mainland's first investment bank, has filed for an initial public offering in Hong Kong that could be worth up to HK$7.8 billion. CIC owns a 43.35 percent stake in CICC. Singapore's sovereign wealth fund GIC owns 16.35 percent, while private equity firms TPG Capital Management LP and KKR & Co hold 10.3 percent and 10 percent respectively...............................................Full Article: Source |