China Everbright to raise US$7b in Hong Kong

HONG KONG: China Everbright Bank has received green light from regulators to launch a US$7 billion share sale, reports said Friday, in a deal that could be the largest offering in Hong Kong this year. The mid-sized lender will start pre-marketing the sale on Monday, with an investor roadshow scheduled for June 22 and the offering to begin on June 27, Dow Jones newswires reported, citing people ...

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Source: Business Times

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