Citic Group to raise 80b yuan from HK float
By Mao Lijun | China Daily | Updated: 2010-07-22 07:51
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A Citic Bank branch in Shanghai. Shao Chang / For China Daily |
Beijing - Citic Group, a top Chinese financial conglomerate, may raise as much as 80 billion yuan ($11.8 billion) in a planned initial public offering (IPO) in Hong Kong, sources familiar with the situation said.
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