Everbright Bank raises $3 billion ahead of HK listing

The Chinese bank exercises the 15% upsize option in full to pull off this year’s largest new listing as Chinese investors come out in force to support the transaction.

China Everbright Bank (CEB) has raised HK$23.25 billion ($3.0 billion) ahead of its Hong Kong listing after exercising the 15% upsize option in full and fixing the price below the mid-point of the range.

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