Home>News Center>China
       
 

China Merchants Bank plans US$2b IPO
(AP)
Updated: 2006-02-27 20:14

China Merchants Bank Co. is planning a US$2 billion (euro1.7 billion) initial public stock offering in Hong Kong, becoming the first mainland lender to list on both stock exchanges, a newspaper reported Monday.

The mid-tier Shenzhen-based bank aims to launch its Hong Kong offering in September the earliest, the South China Morning Post reported.

The bank has mandated Swiss investment bank UBS AG and China International Capital Corp., the mainland's largest investment bank, in addition to Merrill Lynch & Co., to be lead bookrunners for the listing, Dow Jones Newswire quoted unidentified sources as saying.

China Merchant Bank, which is already listed on Shanghai's stock exchange, awarded Merrill Lynch the mandate in January, and added UBS and CICC in the last few days, according to Dow Jones, which put the size of the listing at HK$10 billion (US$1.3 billion; euro1.1 billion) and said it is planned for June.

A person close to the deal told The Associated Press that UBS was made a bookrunner for the bank's IPO but declined to give other details.

A China International Capital Corp. spokeswoman in Beijing, Tracy Hu, declined to confirm the report.

Dow Jones reported that the China Merchant deal adds another major coup for UBS, which along with Goldman Sachs Group is also taking Bank of China, China's second largest lender, public in a US$6 billion (euro5.0 billion) IPO later this year.

The battle to grab a underwriting role in upcoming Chinese bank IPOs is getting increasingly fierce among international investment banks.

Deals slated for this year include state-owned banks Bank of China and Industrial & Commercial Bank of China, as well as mid-tier lender China Minsheng Banking Corp.



Job fair in Shandong
Mine rescue drill in Chengdu
Pele in China to promote 2006 World Cup
  Today's Top News     Top China News
 

Taiwan's Chen abolishes unification council, guidelines

 

   
 

Nation to ratify convention on terrorism

 

   
 

Official: Massive bird flu outbreak possible

 

   
 

Giant pandas free gifts for Taiwan: official

 

   
 

Japan: 'Mature' ties with China to take time

 

   
 

China Merchants Bank plans US$2b IPO

 

   
  Taiwan's Chen abolishes unification council, guidelines
   
  Economist: Cut dollar share of forex reserves
   
  Japan: 'Mature' ties with China to take time
   
  China Merchants Bank plans US$2b IPO
   
  China to open more death penalty cases to public
   
  Overseas Chinese denounce Chen's secessionist remarks
   
 
  Go to Another Section  
 
 
  Story Tools  
   
Manufacturers, Exporters, Wholesalers - Global trade starts here.
Advertisement
         
主站蜘蛛池模板: xxxx日本性| 中文字幕一区二区三区在线播放| 男女xx00动态图120秒| 国产成人涩涩涩视频在线观看免费| heyzo亚洲精品日韩| 日本不卡一区二区三区最新| 亚洲国产aⅴ成人精品无吗| 神尾舞高清无在码在线| 国产丝袜制服在线| 五月天婷五月天综合网站| 夜夜揉揉日日人人视频| 中文字幕在线看| 日韩精品在线观看视频| 亚洲欧美在线观看| 精品哟哟哟国产在线观看不卡 | 国产av一区二区三区日韩| 1000部拍拍拍18勿入免费凤凰福利 | 免费一级毛片正在播放| 超薄肉色丝袜一区二区| 国产精品亚洲欧美| 99精品久久久中文字幕| 成人毛片视频免费网站观看| 久久精品人人做人人爽电影蜜月| 欧美性色欧美a在线播放| 人人爽人人爽人人片av| 经典国产一级毛片| 国产午夜精品久久久久免费视| 124du在线观看| 夜夜嗨AV一区二区三区| 一级片免费网址| 无翼乌全彩本子lovelive摄影| 亚州av综合色区无码一区| 欧美日韩电影在线观看| 人妖在线精品一区二区三区| 精品少妇ay一区二区三区| 国产ts人妖系列视频网站| 香蕉大视频在线播放持久| 国产欧美日韩精品专区 | 欧美一级va在线视频免费播放| 亚洲综合色成在线播放| 精品一区二区三区免费视频|