China's Harbin Hank to file for $1 billion Hong Kong IPO -IFR
HONG KONG Dec 20 (Reuters) - China's Harbin Bank plans to file a listing application with the Hong Kong stock exchange early next month, IFR reported on Friday, seeking an IPO of around $1 billion in the first half of next year.
Harbin Bank would join a host of other Chinese lenders raising money through Hong Kong IPOs, as they replenish capital and prepare for pressure on their lending books.
Harbin Bank is in the process of choosing underwriters for the offering, reported IFR, a ThomsonReuters publication.
(Reporting by Fiona Lau of IFR; Written by Michael Flaherty; Editing by Matt Driskill)
- Malaysia says no evidence missing plane flew hours after losing contact |
- Missing jet may have strayed to west, Malaysia military says |
- NYC buildings explosion kills 6, others missing
- White House tried to mediate dispute between Senate, CIA panel: source
- UPDATE 1-U.S. investigators suspect missing Malaysian plane flew for hours -WSJ