Econ and Finance - 27 Oct 2020

Finally, a bank IPO

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Well, that’s been a long time coming.

Xiamen Bank went public on the Shanghai stock exchange today.

 It’s the first A-share IPO by a bank this year.

Some context: There’s a long line of banks queuing to IPO, but it’s a bad time to sell bank shares.

All but a handful of China’s...


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