Investors to lap up China bank IPOs


  • Business
  • Saturday, 17 Jan 2004

HONG KONG: China’s big state-banks are a mess, but that is unlikely to deter China-hungry investors. 

China Construction Bank, the healthiest of the Big Four group, is expected to seek a Hong Kong listing worth roughly US$5bil later this year, with Bank of China set to follow in 2005 after the two giants recently split a US$45bil funding injection from Beijing to ease their bad loan burdens. 

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