China Everbright Bank raises $2.8 billion in the country's second-biggest IPO of 2010

China Everbright Bank's $2.8 billion debut lifts the total value of Chinese IPOs to $63.7 billion this year, or almost half the global value.

Lillian Liu

August 13, 2010

China cemented its position as the global IPO champion yesterday when China Everbright Bank raised Rmb18.9 billion ($2.8 billion) in the country's second-biggest initial public offering of the year. It is the fourth-largest in the world in 2010.

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