Chinese capital queue builds as ICBC mandates $11.5bn Hong Kong share sale

12 May 2010

Industrial and Commercial Bank of China has named the banks that will handle a placement of Hong Kong shares worth up to $11.5bn.

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 ...

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