{"id":7841,"date":"2006-06-01T01:51:38","date_gmt":"2006-06-01T08:51:38","guid":{"rendered":"http:\/\/chinadigitaltimes.net\/2006\/06\/01\/a-golden-age-for-chinas-banks-brian-bremner\/"},"modified":"2006-06-01T01:51:38","modified_gmt":"2006-06-01T08:51:38","slug":"a-golden-age-for-chinas-banks-brian-bremner","status":"publish","type":"post","link":"https:\/\/chinadigitaltimes.net\/2006\/06\/a-golden-age-for-chinas-banks-brian-bremner\/","title":{"rendered":"A Golden Age for China’s Banks – Brian Bremner"},"content":{"rendered":"
From the BusinessWeek (link<\/a>)<\/p>\n Why are global players still buying up shares of mainland banks? It’s a long-term wager on the country’s financial system – and overall growth potential<\/p>\n The global appetite for Chinese bank shares seems downright insatiable. On June 1, the Bank of China<\/a> — the mainland’s second-biggest bank — will launch its $9 billion-plus initial public offering in Hong Kong. This follows a similarly sized global offering by China Construction Bank<\/a> last fall. And China’s top bank, the Industrial and Commercial Bank of China<\/a> (ICBC), is readying what analysts think will be a monster $12 billion IPO later this year.<\/p><\/blockquote>\n