Everbright to raise funds
By Wang Bo | China Daily | Updated: 2009-07-23 07:57
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A China Everbright Bank office in Haikou, Hainan province. The bank is roping in strategic investors through private placement of shares to augment its capital requirements. CFP |
China Everbright Bank Co is planning to rope in eight institutional investors through a private placement of 5.2 billion shares as part of its efforts to expand its capital base, a senior executive of the bank said yesterday.
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