Chongqing News
Bank of Chongqing listed in Hong Kong H shares
2013-11-08 10:24:03
CHONGQING (CQNEWS) -- The Bank of Chongqing (01963.HK) was listed in Hong Kong H shares at 9:30 a.m. on November 6th, 2013. It is the first Chinese bank listed in Hong Kong Exchanges and Clearing Limited within 3 years, and the first mainland city commercial bank listed in Hong Kong.
In the previous process of capital-raising, the public offer of the bank offered 624 million shares of valid application, 8.81 times of 70,522,000 shares, the initially available for subscription publicly offered in Hong Kong, that is to say, the amount was 7.81 times more. The excess multiple was top one of the banks listed in Hong Kong within 3 years. According to statistics, the bank raises 3.8 billion HKD approximately by IPO.
The opening price of the Bank of Chongqing was 6.00 HKD in the morning of November 6th, 2013. (Translated by Li Li, Fathom Language Limited)
Editor:Zhang Yi