Everbright approval
CHINA Everbright Bank Co is expected to list on the Hong Kong stock exchange as early as mid-July after it received the green light from the securities regulator.
The Beijing-based bank said in a statement over the weekend that the China Securities Regulatory Commission approved its plan to issue 12 billion overseas common stock.
The Shanghai-listed bank still needs final approval from the Hong Kong exchange.
The Beijing-based bank said in a statement over the weekend that the China Securities Regulatory Commission approved its plan to issue 12 billion overseas common stock.
The Shanghai-listed bank still needs final approval from the Hong Kong exchange.
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