Supersize My China Bank IPO

Let’s put the upcoming supersized Industrial and Commercial Bank of China (ICBC) IPO in context:

  • Amount to be raised by ICBC IPO: $21.8-billion
  • Amount raised by all IPOs on U.S. exchanges in first half of 2006: $19.2-billion

Comments

  1. It’s ICBC, not CIBC. Nor is it ABC, CCB, BOC, or even HSBC. 😉