China Merchants Bank sets out to prove that small is beautiful

The retail-focused bank sets H share price range to allow IPO discount versus peers and aims to raise up to $2.66 billion.

International investors will get their first real chance to buy into what has long been considered as ChinaƆs best run commercial bank when China Merchants Bank starts the roadshow for its H-share IPO today.

The privately-owned bank, which is the sixth largest Mainland lender in terms of assets, has been listed in the A share market since April 2002 but has been available to a limited number of foreign investors only through the QFII scheme.

The bank is looking to...

To continue reading, please login or register for free

Click for more on: ipo | banking | credit cards | cicc | jpmorgan | ubs

Print Edition

FinanceAsia Print Edition

CONFERENCES

  • 2nd Compliance Summit Southeast Asia

    17 August 2017  |  Singapore
    The 2017 Compliance Summit Southeast Asia will take an in-depth look at the key compliance considerations today with a focus on regulation and new ...