Money
China Everbright Bank may float in June
(chinadaily.com.cn)
Updated: 2010-05-05 17:43
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China Everbright Bank Co reignites its IPO (initial public offering) dream in Shanghai, and date is likely to be before the end of June, ahead of that of Agricultural Bank of China, according to media reports Wednesday
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The bank shelved its IPO plan in 2008, due to the erupt of the global financial crisis.
Agricultural Bank of China is said to raise as much as $30 billion in the dual-market IPO on the Hong Kong and Shanghai bourses.
