IPO of Bank of China expects huge interest

    BEIJING, May 18 -- HONG KONG: Bank of China (BOC), which is expected to launch the world's largest initial public offering (IPO) in the last six years, will attract a great deal of individual investors with the opening of its retail tranche, analysts said.

    That signals overseas investors' increasing confidence in the mainland's banking sector.

    Bank of China to start HK public offering

    HONG KONG, May 17 (Xinhua) -- Bank of China Limited (BOC) announced on Wednesday that its Hong Kong public offering will commence on Thursday.

    BOC Chairman Xiao Gang said at a press conference on Wednesday that "as the oldest and one of the best-known commercial banks in China, we have an extensive overseas branch network, a solid customer base and a universal banking platform."

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