Companies

China Bohai Bank fails to excite on Hong Kong IPO debut

Lender's shares drop below offer price in initial trading

NARAYANAN SOMASUNDARAM, Nikkei Asian Review chief banking and financial correspondent
July 16, 2020 11:48 JST

HONG KONG -- Standard Chartered-backed China Bohai Bank fell below its offer price on its debut after raising $1.78 billion in an intial public offering on Thursday, marking Hong Kong's largest primary share listing so far this year.

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