Shengjing aims big with $1bn HK IPO

Beijing_230
By Rashmi Kumar
22 Aug 2014

China’s Shengjing Bank is looking to list in Hong Kong, in an IPO that could raise as much as $1bn, according to a banker.

The lender, based in Shenyang in northeast China, is set to file an application with the Hong Kong Stock Exchange in the next month or so. This means the IPO is unlikely to hit the market until the first half of 2015, added the banker.

China Merchants ...

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