Shenjing Bank IPO Review: Finance Trading Times

Shenjing Bank IPO Review

One more IPO is going to hit the Chinese markets.
This time, it’s the recently renamed Shenjing Bank, which is planning to come out with its IPO or Initial Public offering. This bank was initially knows as the Shenyang City Commercial Bank.

When will Shenjing Bank IPO come to the market?
Though there are no definite dates so far, the expected date will be within a year.

Where will Shenjing Bank IPO list?
The listing would be on the Shanghai Stock Exchange.

How much money will be raised by the Shenjing Bank IPO?
The Shenjing Bank plans to sell 600 million A-shares, and has appointed Galaxy Securities for the valuations of the IPO.

Related: China Zaino IPO Review , Jinduicheng Molybdenum IPO Review , E-land China IPO: 350 million Hong Kong IPO ,

The Shenjing Bank not yet released any more details of the IPO, as it is still subject to the approval from the securities regulator. The bank is planning to setup a new Beijing branch and has applied for the same. Currently, it owns a branch in Tianjin Municipality.
The city commercial bank posted a net profit of RMB 810 million last year, with non-performing loans of 2.02% at the end of 2007.
More and more IPO’s Let’s see how the Shenjing Bank IPO performs in these turbulent market timings. Table of Contents
Have Comments or Questions? Please post them as comments using "Post our Comments" link below. Your queries will be responded for free in 24 hrs!

0 Comments: Post your Comments

Wish you all happy and fruitful trading and investing activities with safety! = = = Post a Comment

Copyright Information:
Please see Our Copy Right Policy. All the articles, posts and other materials on this website/blog are copyrighted to the owners of this portal. The content should NOT to be reproduced on any other website or through other medium, without the author's AND owners' permission. Contact: contactus(AT)

DISCLAIMER: Before using this site, you agree to the Disclaimer. For Any questions or comments, please mail contactus(AT)

About UsAdvertise with UsCopyRight Policy & Fair Use GuidePrivacy PolicyDisclaimer