Markets

China Everbright receives approval for $3bln Shanghai IPO

Everbright Bank may face big capital shortfall in the next three years without the IPO.

China Everbright receives approval for $3bln Shanghai IPO

Everbright Bank may face big capital shortfall in the next three years without the IPO.

Bank Of Communications culminates Hong Kong rights issue

BoComm was able to raise $2.29bln from the H-shares offering.

Bank of the Philippine Islands eyes $215mln rights issue

The move is to maintain the bank's above minimum capital ratio and to cope with 15% loan portfolio expansion.

AgBank IPO draws China funds and HK banks

Lender intends to raise record setting $23bln before listing in mid-July.

AgBank mulls price range adjustment for Shanghai IPO

A narrower price range or $0.37-$0.39 per share for the Shanghai offering is likely amidst weaker demand among investors in the mainland.

China Construction secures shareholders’ nod

Lender targets $11bln from 630mln shares in Shanghai and 15.7bln shares in Hong Kong.

Huijin supports CCB's rights issue

Parent Huijin's announcement precedes CCB's shareholder meeting tacking to push through with the $11bln fundraising plan.

Agricultural Bank to receive Qatar and Kuwait investments

Middle East countries pledge $3.6bln investment in AgBank while Qatar Holding expands portfolio in China.

China’s Agriculture Bank IPO targets $28bln

Lender kicked off the pre-marketing process for the $10bln-$15bln from Hong Kong and $8.9bln-$13bln Shanghai IPO.

Regulator authorizes Agricultural Bank of China’s IPO

Move ends speculations on deferment of $30bln IPO due to lukewarm interest and concerns.

BoCom slashes rights issue plan by 20%

Downsizing to $4.8bln from $6.14bln may prompt AgBank to lower its $30bln target.

China regulator to study Agricultural Bank's IPO bid

Lender aims to replenish capital as banks could face losses if debts not repaid.

BEA's China unit eyes issuing yuan bonds

China regulator’s approval would give BEA license to sell $732bln worth of bonds.

StanChart earns $540mln from India sale

Lender had $210mln shortfall from targeted $750mln behind new India rule and European debt crisis.

StanChart tags Indian Depository Receipts at $2.13-$2.44

Sources said India’s largest international lender is offering 240mln IDRs to raise up to $587.42mln.

ICBC stockholders okay convertible bond, share sales

Approval enables company to raise $3.7bln and to join rivals in shoring up capital.

StanChart eyes China as next target in listings

Lender looks forward to a Shanghai listing after completing one in India as it exploits country's growth.