Daily Archives: July 28th, 2010

learn Chinese – Everbright Bank gets IPO nod

SHANGHAI – China Everbright Bank’s plan to raise up to $2.9 billion in a Shanghai IPO has been approved by the securities regulator, two sources said, in what will be the latest Chinese bank to try and tap markets for funds. Everbright Bank, China’s 11th biggest bank by assets, would sell up to 6.1 billion [...]