HONG KONG, March 14 City commercial lender Bank of Tianjin Co Ltd plans to raise up to $1.23 billion in a Hong Kong initial public offering, IFR reported on Monday, citing people close to the deal.
The bank plans to sell 996 million shares in an indicative range of HK$7.37 to HK$9.58 each, putting the total deal at HK$9.54 billion ($1.23 billion), reported IFR, a Thomson Reuters publication.
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