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Bank of China to list early next year

www.chinanews.cn 2005-10-10 09:15:12

(Agencies)

Oct. 10 - Bank of China plans to launch its long-awaited initial public
offering in March or April of next year, Zhu Xinqiang, the assistant to
the bank's president, was quoted as saying on Monday.
Bank of China named Goldman Sachs and UBS on August 30 to manage the
lender's planned $4 billion stock listing, one of the most sought-after
IPO underwriting jobs in years.
The Hong Kong listing will be in March or April, depending on market
conditions, the Shanghai Securities News said, citing Zhu's remarks at an
economic forum in Beijing.

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