在线国产一区二区_成人黄色片在线观看_国产成人免费_日韩精品免费在线视频_亚洲精品美女久久_欧美一级免费在线观看

  Home>News Center>China
       
 

China banks poised to go on sale
(AP)
Updated: 2005-10-20 12:28

China's giant, state-owned banks are poised to raise billions of dollars in international stock offerings ... and investors are keen to buy.

The "Great Chinese Bank Sale," as one economist called it, began this month with the China Construction Bank's launch of what promises to be the world's biggest initial public offering for 2005, raising $8 billion.
A woman walks past a branch of China Construction Bank in Shanghai in this photo taken on April 3, 2005. [newsphoto]
The "Great Chinese Bank Sale," as one economist called it, began this month with the China Construction Bank's launch of what promises to be the world's biggest initial public offering for 2005, raising $8 billion.

The largest Chinese IPO before this was a $5.7 billion offering in 2000 by China Unicom Ltd., a telecommunications company.

The Construction Bank, known as CCB, is China's biggest property lender and third-biggest bank by assets. It plans to sell 26.5 billion shares, or about 12 percent of its capital. Sales to retail investors were to end Wednesday, with trading on the Hong Kong Stock Exchange to start Oct. 27.

The Construction Bank is the first of China's "Big Four" state commercial banks to test international investors' sentiment by offering shares of the parent company. An earlier IPO by the Bank of China, the second biggest bank, involved only its Hong Kong unit.

So far the response has been positive: A slew of Hong Kong tycoons announced their support and the offering for institutional investors was fully subscribed, prompting the bank to raise its IPO price range to 1.90-2.40 Hong Kong dollars (24-30 U.S. cents).

Though the final outcome will depend on how the bank's shares do after listing, retail investors appeared eager to buy, with some lining up in the streets outside brokerage offices in Hong Kong.

Apparently encouraged by CCB's experience and that of Shanghai-based Bank of Communications, a smaller lender whose shares are still trading at about 15 percent above their June launch, Bank of China reportedly is moving ahead with plans to sell shares overseas next March or April.
Page: 123



Shenzhou VI re-entry capsule opened in Beijing
Rumsfeld in Beijing
Wedding gown show
  Today's Top News     Top China News
 

Premier: GDP to exceed US$1.85 trillion in 2005

 

   
 

China's defence spending 'not a lot'

 

   
 

Olympic commitment held aloft in space

 

   
 

2,600 birds dead of bird flu in China

 

   
 

Saddam pleads innocent, gets into scuffle

 

   
 

One-child policy grows bigger children

 

   
  Wen: 2006-10 plan 'active and prudent'
   
  Internet 'baby sale' sparks investigation
   
  Bid to build democracy comes to fruition
   
  China's defence spending 'not a lot'
   
  HK unveils constitutional development
   
  Toy container explosion kills eight
   
 
  Go to Another Section  
 
 
  Story Tools  
   
  News Talk  
  It is time to prepare for Beijing - 2008  
Advertisement
         
主站蜘蛛池模板: 亚洲精品一区二区三区在线观看 | 草草网 | www.青青草.com| 国内精品视频 | 精品一区二区三区在线观看 | 成人b站 | 久久香蕉国产 | 久艹视频在线观看 | 成年在线观看 | 神马久久久久久 | 国产麻豆一区二区三区 | 中文字幕免费在线观看 | 天天草天天干 | 色综合天天综合网天天狠天天 | 精品久久久久久久久久 | 国产成人区 | 婷婷狠狠 | 久久国产一区二区 | 精品一区二区三区免费看 | 日韩视频在线免费观看 | 欧美日韩二区三区 | 久久国产成人 | 欧美日韩一区在线 | 拍床戏真做h文黄肉1v1 | 一级片免费观看 | 中文字幕三级 | 在线看日韩 | 欧美精品一区二区在线观看 | 国产福利网 | 超碰av在线播放 | 欧美日韩免费视频 | 精品日韩av | 黄色三级免费 | 在线视频91 | 中文字幕在线观看不卡 | 91久久国产综合久久 | 欧美视频一区二区三区 | 国产视频一区在线观看 | 久久riav| 一区二区三区四区在线视频 | 免费久久久 |