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China Everbright to relaunch attempt at Hong Kong initial public offering

AFP
March 14, 2013, 12:07 am TWN

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SHANGHAI -- China Everbright Bank, a mid-sized lender, said Wednesday it would relaunch plans to list shares in Hong Kong, after earlier aborted attempts at an overseas stock offer.

The Beijing-based bank is looking to raise US$1.5 billion from the planned initial public offering, its third attempt to list on Hong Kong's stock exchange, Dow Jones Newswires reported citing sources.

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