Everbright Bank To Go Public Before the Olympics - ResearchInChina

Date:2008-04-03liaoyan  Text Size:
China Everbright Group's banking unit China Everbright Bank is looking towards a domestic listing before July, reports China Securities Journal quoting the bank vice president Xie Zhichun. Everbright Bank will issue subordinate bonds worth between RMB 6 billion and RMB 8 billion instead of introducing any strategic investors, said Xie. Previous reports said the bank might raise more than RMB 20 billion through a Shanghai listing.
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