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
       
 

ICBC sets up joint-stock bank, readies for IPO
(AP)
Updated: 2005-10-28 13:57

Another state-owned bank, the Bank of China, also is expected to launch a stock offering by next March or April.


A woman walks in front of an Industrial and Commercial Bank of China office in Shanghai in this October 17, 2005 photo. The bank has been transformed into a joint stock company and will seek overseas listing, probably in Hong Kong next year. [newsphoto]
The potential size of ICBC's eventual IPO has not yet been announced. The Construction Bank raised $8 billion with its IPO, the world's biggest stock launch this year. The bank's shares made only a small splash on the first day of trading Thursday, however, because their price left little room for quick gains. The shares ended the day unchanged at their IPO price of HK$2.35 (30 U.S. cents).

Like the other big banks, ICBC is burdened with bad debt and is in the process of removing some 700 billion yuan ($86 billion) in nonperforming assets from its balance sheets.

In its announcement Friday, the bank vowed to ensure "that customers' interests come first, faithfully perform its duties, carefully handle business issues ... and continue to render quality financial services to its customers."

The bank reportedly is tapping high-powered veteran bankers help to improve its corporate governance and risk management.

The Hong Kong newspaper South China Morning Post reported earlier this week that ICBC would name Antony Leung, a former Hong Kong financial secretary, and John Thornton, a former Goldman Sachs president, to be independent directors of the joint stock company.

Leung worked at Chase Manhattan and Citigroup before joining the Hong Kong government in 2000. Thornton teaches at Beijing's Tsinghua University, the country's premier engineering school.


Page: 12



President Hu arrives in Pyongyang for visit
Chicken vaccinated in Xiangtai
Lien Chan visits Wolong giant panda research center
  Today's Top News     Top China News
 

DPRK promises to attend Six-Party Talks

 

   
 

ICBC sets up joint-stock bank, readies for IPO

 

   
 

No human infection of bird flu in China

 

   
 

Poultry sales in cities hit by outbreak fears

 

   
 

Asia-Pacific nations sign space convention

 

   
 

Bush pledges to win war on terrorism

 

   
  President Hu underscores China's role with N.Korea visit
   
  China luring scholars to make universities great
   
  Vatican urged to translate words into action
   
  Wen wraps up Moscow meetings
   
  UNESCO chairman committed to reform
   
  Mainland tourist officials visit Taiwan
   
 
  Go to Another Section  
 
 
  Story Tools  
   
  Related Stories  
   
ICBC transforms into joint-stock company
   
ICBC sets up joint stock comany
   
ICBC nears sale of stake to Goldman Sachs, Allianz
   
Goldman, Allianz seek big stakes in ICBC
   
ICBC says to sell 10% stake, eyes listing
   
China Construction Bank gains in HK debut
   
Construction Bank raises 8 b dollars in IPO
  News Talk  
  It is time to prepare for Beijing - 2008  
Advertisement
         
主站蜘蛛池模板: 在线观看二区 | 日日干夜夜草 | 成人欧美一区二区三区白人 | 日韩精品一 | 夜夜狠狠擅视频 | 久久免费福利视频 | 国产a√ | 国产精彩视频 | 国产视频成人 | 久久成人精品视频 | 久久久久久亚洲精品 | 日韩欧美视频在线 | 国产特黄 | 黄色成人av | 又色又爽又黄18网站 | 天天操综合网 | 欧美一级片 | 97在线观看免费视频 | 免费一级黄色录像 | www.色婷婷 | 久久免费看片 | 九九热精品 | 蜜桃视频成人 | 成人激情在线 | 日韩亚洲一区二区 | 色婷婷综合在线 | 欧美日韩一区二区三区视频 | 久久96 | 国产一区二区三区精品视频 | 91蜜桃婷婷狠狠久久综合9色 | 一区二区小视频 | 小视频黄色| 国产午夜在线观看 | 亚洲精品一区二区三区在线观看 | 欧美日韩成人在线观看 | 免费中文字幕日韩欧美 | 中文字幕日韩欧美 | 国产精品福利一区 | 日韩中文字幕第一页 | 成人一区二区在线 | 亚洲综合五月 |