The wait is over: Bank of Shanghai eyes jumbo IPO

More than four years after making its initial listing application, the city commercial bank is finally ready to float its shares on the stock exchange.

Bank of Shanghai unveiled details of its long-awaited initial public offering on Tuesday, targeting as much as Rmb10.7 billion ($1.59 billion) from its local stock market in what could be China’s biggest IPO this year.

¬ Haymarket Media Limited. All rights reserved.

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