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China Bohai Bank began marketing Hong Kong IPO, the biggest for the city this year

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China Bohai Bank began marketing up to $1.85 billion in stock in Hong Kong on Tuesday in what will be the biggest initial public offering of the year so far in the city.

According to its filing with the Hong Kong Stock Exchange, China Bohai Bank has restructured its ownership stakes as part of its IPO plan. The ownership stake of state-owned TEDA Investment Holding, its top shareholder, would fall from 25 per cent to . . .

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