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China Construction Bank IPO Makes Debut
2005-10-27
A bank staff distributes copies of the prospectus for the first day public offering of China Construction Bank in its branch in Hong Kong Friday, Oct. 14, 2005. China Construction Bank said Thursday it has set a price range of HK$1.90 to HK$2.40 (24 to 31 US cents; 20 to 31 euro cents) per share for its initial public offering in Hong Kong _ expected to be the world's biggest IPO this year. The bank, the first of China's big state-owned banks to list shares overseas, plans to sell 26.48 billion shares to raise HK$50.3 billion to HK$63.6 billion (US$6.5 billion to US$8.2 billion; euro5.4 billion to euro6.8 billion). |
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HONG KONG - Shares of China Construction Bank Corp. - the world's biggest initial public offering this year - made a lukewarm debut on Hong Kong's stock exchange Thursday because the IPO's price left little room for quick gains, analysts said.... ... | Note: this page has been archived under Muzi Premium Version and is only available to premium members. Please use the Premium Personal Password (PPP) to log in.
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