27.07.2010 - China Everbright Bank gets nod for Shanghai IPO
From Indiatimes.com: China Everbright Bank's plan to raise up to $2.9 billion in a Shanghai IPO has been approved by the securities regulator, two sources said, in what will be the latest Chinese bank to try and tap markets for funds when conditions are still favourable. Controlled by Central Huijin, the investment arm of China's sovereign wealth fund, Everbright Bank, China's 11th biggest bank by assets, would sell up to 6.1 billion shares in the initial public offering, said the sources..............................................Full Article: Source
Print