ICBC IPO signifies new competition among Chinese commercial banks

Real Estate

Friday, September 05, 2008 23:38:36

	ICBC IPO signifies new competition among Chinese commercial banks By AMY CHEUNG Published: October 23, 2006 06:09 AM If Industrial and Commercial Bank of China (ICBC)’s IPO signifies the short-term completion of the four Chinese commercial banks’ stock reforms, it also unveils a new pattern for competition among commercial banks in the Mainland. How does this affect the banking sector? You are currently reading 45 words of 498 total words in this article. To continue reading this article, you must be a subscriber. Log in now. Buy this article now for $10 USD. Not a subscriber? Start your 7-day free trial now. bookmark \| digg \| Permalink \| Tell a Friend Tags for this article: IT , finance , China Banking , credit , insurance , Bank of China , auto , foreign trade , ICBC , management , WTO , monopoly , financial products , IPO , Cinda , China Construction Bank , EA	More Articles in Real Estate > Today’s Daily Briefs E-Mail Sign up for a roundup of the day’s top stories, sent every day. RELATED ARTICLES > Ascendas plans to triple office space presence Ascendas launches IT park in Dalian Lujiazui Finance net profit surges on leasing revenue FuramaXpress to launch business inn in Pudong Financing rules eased for affordable housing developers Central bank clarifies second home definition Morgan Stanley to sink RMB10b in China property market

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