AccessMyLibrary provides FREE access to millions of articles from top publications available through your library.

IBA eyes China Everbright alliance to tap listing business The bank is betting on the QDII scheme attracting mainland firms to launch initial offers in Hong Kong.

Asia Africa Intelligence Wire

| July 05, 2003 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From South China Morning Post)

Byline: Raymond Ma

International Bank of Asia (IBA) is looking to tie up with major shareholder China Everbright to target mainland firms seeking Hong Kong listings ahead of the unveiling of a landmark scheme that allows mainlanders to invest in the local stock market.

IBA's executive vice-president for investment banking Betty Brow said the bank was betting on the qualified domestic institutional investor (QDII) scheme attracting mainland firms to list in Hong Kong.

"We are looking at forming an alliance with someone in China to go into the initial public offering [IPO] business, as QDII would encourage …

Related articles from newspapers, magazines, journals, and more
China Everbright Bank eyes Hong Kong floatation by yearend.
News wire article from: Europe Intelligence Wire November 29, 2011 700+ words
Chairman says China Everbright Bank targets debut in Hong Kong.
News wire article from: Europe Intelligence Wire May 1, 2012 700+ words
China Everbright Bank aims to list in Hong Kong in Jul.
News wire article from: Europe Intelligence Wire June 1, 2011 700+ words
China Everbright Bank to List in Hong Kong
News wire article from: Europe Intelligence Wire March 15, 2013 700+ words
StanChart May Buy China Everbright Bank Stake.
News wire article from: Asia Africa Intelligence Wire August 23, 2004 700+ words
©2013 Gale, a part of Cengage Learning. All rights reserved. Contact us | Privacy policy | Terms and conditions

The AccessMyLibrary advertising network includes: womensforum.com GlamFamily