CCB clears regulatory hurdle, moves closer to $11bn IPO

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EQUITY

CCB clears regulatory hurdle, moves closer to $11bn IPO

Issue: 1166 - 5 August 2010

Keywords: ccb, china construction, Ambow Education, China Kanghui, toba

China Construction Bank’s planned rights issue, which may raise up to Rmb75bn ($11bn), has cleared its main regulatory hurdle by gaining approval in principle from the China Banking Regulatory Commission. ..

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