CICC finally readies HK IPO

China International Capital Corp has finally taken the first steps for its long-awaited $1 billion IPO in Hong Kong and could list as early as late September

CICC finally readies HK IPO

China International Capital Corp, a major Chinese investment bank, has taken the first steps for its long-awaited initial public offering in Hong Kong, through which it plans to raise about $1 billion.

The Beijing-based group filed its IPO application to the Hong Kong stock exchange on Monday and could go public as early as late September, according to people familiar with the matter.

“CICC is attempting to...

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