Bank of Chongqing seeks up to $593m from IPO

As the first Chinese bank to launch an IPO in Hong Kong in almost three years, Bank of Chongqing will be a test of investor appetite amid strict price regulations.
Bank of Chongqing will kick off the management roadshow and institutional bookbuilding for its Hong Kong IPO on Wednesday.
Bank of Chongqing will kick off the management roadshow and institutional bookbuilding for its Hong Kong IPO on Wednesday.

Three weeks into the fourth quarter and Asia's IPO calendar is getting pretty busy. Issuers that have been waiting for the right window to launch seem to be suddenly realising that if they are to finish the year as a listed company they cannot put their plans off any further. And they are joined by a number of other companies that have been planning all along to take advantage of the annual surge in investor appetite in the final few months of the year.

A couple of companies that are already listed, including Kerry Properties and Power Assets, have also recently flagged their intention to release hidden value by spinning...

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