Similar to other state-owned banks, the post-to-banking lender’s Hong Kong listing is yet another deal dominated by investment from state institutions.
If Warren Buffet is the Oracle of Omaha, Li Kai-shing is the Sage of South China. And Li's dynasy extends well beyond the region; the tycoon recently acquired a telecom in the EU.
Unlisted Garden Fresh breaks new ground with a Rmb100 million CB denominated in offshore renminbi. The CB is expected to be followed by a Hong Kong IPO in the next three years.