Showing posts with label China Everbright Bank. Show all posts
Showing posts with label China Everbright Bank. Show all posts

Friday, December 13, 2013

Shares in Chinese ‘Bad Bank’ Surge in Hong Kong Debut

HONG KONG — Shares in the state-run ‘‘bad bank’’ China Cinda Asset Management rose as much as 33 percent on their trading debut in Hong Kong on Thursday after the bank raised around $2.5 billion last week on huge demand for its initial public offering.