Funding queue builds as ICBC names banks for share sale
Industrial and Commercial Bank of China has named the banks that will handle a placement of Hong Kong shares worth up to $11.5bn, adding to a long line of bumper equity raisings from China's banking sector.
Bank of China International, BNP Paribas, ICBC International and UBS will handle the H-share placement, the latest high-profile mandate from the Chinese financial sector.
The timing of the deal has yet to be determined, but ICBC is joining an already long queue of Chinese banks that are looking
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