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 | Residents queue up outside a bank for a copy of the prospectus for the initial public offering of China Construction Bank in Hong Kong October 14, 2005. China Construction Bank, the third largest mainland lender and due to raise as much as $8.15 billion in what is set to be the world's largest IPO this year, will focus on personal banking and fee-based business after going public, it said on Thursday. click to open  |  | Pedestrians walk past a branch of China Construction Bank (CCB) in Hong Kong Friday, Oct. 14, 2005. CCB, the mainland's fourth-largest bank in terms of assets, said Thursday it has set a price range of HK$1.90 to HK$2.40 (US$ 0.24 to 0.3, euro 0.2 to 0.25 ) per share for its initial public offering in Hong Kong expected to be the world's biggest IPO this year. The bank, which is the first of China's big state-owned bank to list shares overseas, plans to sell 26 billion H shares, which are expected to raise HK$50.3 billion to HK$63.6 billion (US$6.5 billion to US$8.2 billion; euro5.4 billion to 6.8 billion). click to open |  | A bank staff distributes copies of the prospectus for the first day public offering of China Construction Bank in its branch in Hong Kong Friday, Oct. 14, 2005. China Construction Bank said Thursday it has set a price range of HK$1.90 to HK$2.40 (24 to 31 US cents; 20 to 31 euro cents) per share for its initial public offering in Hong Kong _ expected to be the world's biggest IPO this year. The bank, the first of China's big state-owned banks to list shares overseas, plans to sell 26.48 billion shares to raise HK$50.3 billion to HK$63.6 billion (US$6.5 billion to US$8.2 billion; euro5.4 billion to euro6.8 billion). click to open |  | Bank staffs distribute copies of the prospectus for the first day public offering of China Construction Bank in Hong Kong Friday, Oct. 14, 2005. China Construction Bank, said Thursday it has set a price range of HK$1.90 to HK$2.40 (24 to 31 US cents; 20 to 31 euro cents) per share for its initial public offering in Hong Kong _ expected to be the world's biggest IPO this year. The bank, the first of China's big state-owned banks to list shares overseas, plans to sell 26.48 billion shares to raise HK$50.3 billion to HK$63.6 billion (US$6.5 billion to US$8.2 billion; euro5.4 billion to euro6.8 billion). click to open |
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