Bank of Qingdao launches IPO as CRCC pre-markets

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Bank of Qingdao launches IPO as CRCC pre-markets

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Bank of Qingdao Co is looking to raise up to HK$5.2bn ($666m) in a Hong Kong listing, with the trade opening books on November 20. This makes it the first of a handful of Chinese city commercial banks to launch their IPOs in the city.

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