HONG KONG -- A smaller mainland Chinese lender from the inland province of Sichuan made its debut on Hong Kong's stock market Monday, amid wariness over growing pressure on the country's banking system.
Yibin City Commercial Bank went public with an opening price of 2.59 Hong Kong dollars, on par with its initial public offering (IPO) price. The bank's shares traded around that level throughout the day to close at HK$2.61, up by 0.8%.
