From The Business Week: The biggest IPO on earth may signal the start of a rich, new era of financial markets. No wonder Western institutions are lining up
Never accuse the Chinese of thinking small. The global public offering in late October of China Construction Bank, the mainland’s third-largest bank, is set to raise a head-turning $8 billion on Oct. 27 — the biggest IPO on the planet this year, and the biggest anywhere since Kraft Foods (KFT ) went public in 2001.
