Zheshang pre-markets $1.6bn HK listing

By John Loh
09 Mar 2016

China Zheshang Bank is gauging demand for a $1.5bn-$1.6bn IPO in Hong Kong and plans to launch the trade next week.

Bookbuilding is scheduled to start next Monday with pricing to be decided the following week, although dates are not set in stone, said a banker on the deal. The joint sponsors are ABC International, CICC, Citic CLSA Securities and Goldman Sachs. 

The city commercial bank, based in ...

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