CCB Shanghai IPO to start trading Sept 25

2007-09-11 HKT 20:40

China Construction Bank says its shares will start trading on the Shanghai Stock Exchange later this month. The sale of 9 billion yuan-denominated shares will begin this Friday. The bank hasn't yet disclosed the proposed price range for the shares. Analysts say the bank could net billions of US dollars from the sale, making it the country's biggest domestic share sale.

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