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Thursday 24 May 2007

 

Women shoes are hotter than ICBC

If you thought the IPO of ICBC was hot? Have a re-think...Demand for Belle's recent IPO in HK exceeded the 411.4 billion dollars of shares ordered by Hong Kong individuals in the sale of Industrial & Commercial Bank of China, at $22 billion the world's biggest. It also trades at a premium to SGX listed Hongguo.

Enjoy this IHT/Bloomberg piece here

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