ICBC share offer draws big response

    BEIJING, Oct.17 -- The world-record US$19.1 billion public offer by Industrial and Commercial Bank of China (ICBC) was met with great enthusiasm by domestic and overseas investors yesterday.

    The bank, the largest by assets in China, began accepting subscriptions from institutional investors for shares to be listed in Shanghai and simultaneously launched an H-share public offering in Hong Kong. Full Story

ICBC starts consultations on pricing of massive IPO

    BEIJING, Sept. 28 -- The Industrial and Commercial Bank of China (ICBC), the country's biggest lender, started consultations yesterday on the pricing of its initial public offering (IPO).

    The final pricing of the shares is likely to take place on Oct. 23, with trading starting in Shanghai and Hong Kong on Oct. 27, the bank said yesterday in an announcement to the Shanghai Stock Exchange. Full Story

ICBC's A-share IPO application approved

    BEIJING, Sept. 26 (Xinhua) -- China Securities Regulatory Commission (CSRC) on Tuesday approved the Industrial and Commercial Bank of China's (ICBC) proposed initial public offering (IPO) of its A shares.

    The ICBC is expected to issue a maximum of 13 billion shares, the largest issue by a Chinese company already listed in the Renminbi-denominated A-share market. Full Story

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