Bank of China poised for IPO to raise $9.9bn – Francesco Guerrera

From the Financial Times (link)

Bank of China, one of the country’s big four lenders, is poised to try to raise up to $9.9bn in what would be the world’s biggest listing in six years.

The initial public offering of the state-owned group would be the largest by a Chinese company and hand foreign investors, led by Royal Bank of Scotland, a paper profit of more than $6.8bn in under a year.