Home News China Everbright Bank 17 times oversubscribed

China Everbright Bank 17 times oversubscribed

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BEIJING rtr . The money has lured investors House sources said , with a low price range and wants with the 18th for the August target emission collect the equivalent of about € 2.3 billion . The IPO would allow the second largest in China this year. The Agricultural Bank of China passed a month ago an equivalent of 15.8 billion euros.

Everbright will follow rivals such as the AgBank onto the dance floor to go for fresh capital. Like many other financial houses have suffered the financial base of the bank under the government required by the increase in lending last year.