Arab Today, arab today china everbright to launch hong kong share offering
Last Updated : GMT 02:18:28
Arab Today, arab today
Arab Today, arab today

China Everbright to launch Hong Kong share offering

Arab Today, arab today

Arab Today, arab today China Everbright to launch Hong Kong share offering

Beijing - XINHUA

China Everbright Bank announced on Monday it will launch a share offering in Hong Kong of up to 21.7 billion Hong Kong dollars to enhance its capital adequacy ratio. The mid-sized lender said it will issue 5.08 billion shares at an indicative price of 3.83 Hong Kong dollars to 4.27 Hong Kong dollars per share starting on Tuesday. The shares will become tradable on Dec. 20. The move is expected to raise the bank's capital adequacy ratio by one percentage point from the current 9.65 percent, according to Lin Li, vice president of the bank. Headquartered in Beijing, the Shanghai-listed bank planned to raise 6 billion U.S. dollars by landing a Hong Kong initial public offering (IPO) in 2011 but abolished the plan later that year due to the sluggish economy. In May 2012, it again filed an IPO plan but postponed it. Its stock listed on the Shanghai bourse dipped 0.35 percent to end Monday at 2.87 yuan per share.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today china everbright to launch hong kong share offering Arab Today, arab today china everbright to launch hong kong share offering

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today china everbright to launch hong kong share offering Arab Today, arab today china everbright to launch hong kong share offering

 



Arab Today, arab today Designer Rania Adel reveals her new collection

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
View News in Arabic - Business: مصارف
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday