ICBC raises billions in latest rights issue

    January 24, 2011 | BY

    clpstaff &clp articles

    The Industrial and Commercial Bank of China (ICBC) will raise approximately HK$52 billion (US$6.75 billion) through its H-share rights issue. ICBC, the…

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    The Industrial and Commercial Bank of China (ICBC) will raise approximately HK$52 billion (US$6.75 billion) through its H-share rights issue. ICBC, the largest commercial bank and listed lender in China,