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-China Everbright increases IPO size.

Global Banking News-September 17, 2010--China Everbright increases IPO size(C)2010 ENPublishing - http://www.enpublishing.co.uk

Global Banking News - 17 September 2010(c)2005 - Electronic News Publishing - http://www.enpublishing.co.uk

China Everbright Bank (601818.SS) has announced that it has increased the size of its IPO.

The bank has upsized its IPO to CNY21.7bn through an overallotment option. The bank sold an additional 900 million shares at CNY3.10 on September 16.

Shares of the bank started trading on the Shanghai Stock Exchange on August 18.

[Editorial queries for this story should be sent to gbn@enpublishing.co.uk]

((Distributed via M2 Communications - http://www.m2.com))

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Publication:Telecomworldwire
Date:Sep 17, 2010
Words:111
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