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China International Capital Corp

  • Chinese healthcare and education names are flocking towards Hong Kong for IPOs, with the most recent filings coming from New Century Healthcare Holding Co and China Yuhua Education Corp.
  • Bank of Communications Co is set to ask for shareholder approval for its $300m spin-off and listing of its investment banking subsidiary BoCom International in Hong Kong.
  • Postal Savings Bank of China has started taking orders for a Hong Kong IPO that could be worth HK$62.7bn ($8.1bn). Set to be the world’s largest float in two years, the deal is going to add about $130m in fees to the underwriters’ coffers.
  • Postal Savings Bank of China will raise up to HK$62.7bn ($8.1bn) via its Hong Kong IPO after setting the price range, putting it on track to be the world’s biggest listing in two years.
  • Inner Mongolia Energy Engineering Co is planning to float in Hong Kong, filing a draft prospectus with the city’s stock exchange on Monday.
  • Postal Savings Bank of China has tacked on some 20 bookrunners to the syndicate group for its long awaited $8bn IPO in Hong Kong, which is set to begin pre-deal investor education on Monday.
  • Postal Savings Bank of China met with the sponsors of its upcoming $8bn Hong Kong IPO in Beijing on Thursday as the issuer approaches hitting the market, according to a source involved in the transaction.
  • Postal Savings Bank of China is set to kick off investor education for its $8bn IPO after the Hong Kong Stock Exchange approved its plan on Thursday.
  • Bank of Communications Co is moving ahead with the IPO of its investment banking subsidiary BoCom International in Hong Kong, after its board approved the planned $300m listing.
  • China Orient Asset Management Corp is set for a new five year dollar bond, opening books for the deal on Tuesday morning.
  • CAR, formerly known as China Auto Rental, is one step further along with its plan to sell a Panda bond, having received approval from China Securities Regulatory Commission (CSRC).
  • Postal Savings Bank of China’s mammoth $8bn-$10bn IPO in Hong Kong is a “once in a decade type deal” and investors already appear willing to pay a premium for a slice of the trade, say bankers.