Bank of China’s sharers listed on the Shanghai Stock Exchange on Wednesday at a premium to the issue price, Xinhua news agency reports. The bank’s shares began trading at 3.99 yuan (US$0.50), 29.5% higher than the initial public offering price of 3.08 yuan (US$0.39). Bank of China had appointed China Galaxy, CITIC and Guotai Junan as underwriters for the IPO. The Bank of China is one of the four large state owned banks.
Bank Of China's Share Get Listed At 29.5% Premium
Bank of China’s sharers listed on the Shanghai Stock Exchange on Wednesday at a premium to the issue price.
July 5, 2006
