BOC Aviation readies IPO for takeoff

The upcoming initial public offering of Bank of China’s aircraft leasing business could help to establish a whole new asset class in Asia.

BOC Aviation readies IPO for takeoff

Bank of China, the country’s fourth-largest lender by assets, has started pre-marketing an initial public offering in Hong Kong of its aircraft leasing business, which could potentially open up a new asset class for Asian investors.

The launch of investor education on Monday means BOC Aviation is likely to come ahead of CDB Leasing and Minsheng Financial Leasing, which are both also preparing to float their shares in Hong Kong. 

Bankers...

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