Bohai Bank plans Hong Kong listing of up to $4bn

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By Jonathan Breen
05 Dec 2019

China Bohai Bank has begun working with four Chinese banks on a multi-billion-dollar IPO expected in Hong Kong next year, according to a source familiar with the matter.

The Tianjin-based lender, which is backed by Standard Chartered, is looking to raise around $2bn to $4bn, said the source.

It has picked ABC International, CCB International, CLSA and Haitong International as the lead banks and is working toward listing by the summer of 2020, added the source.

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