China Merchants Bank Eyes Sept-End Listing.

(From SinoCast China Financial Watch)

SHENZHEN, August 14, SinoCast -- China Merchants Bank (600036.SH), the country's first-class bank by profitability, is on the verge of launching an initial public offering in Hong Kong, said a source. CMB is scheduled to kick off international roadshow soon before pricing the new shares in mid-September, and will debut on Hong Kong Stock Exchange at the end of that month, the source said, without being identified. September is believed to be a good time for new stock offering as global investment environment turns better. The US Federal Reserve on Tuesday left the benchmark interest rate unchanged at 5.25 percent for the first …