What do you get when you cross China's largest bank with the world's biggest IPO? One explosive trading debut, when Industrial and Commercial Bank of China shares began trading in Hong Kong and Shanghai. Shares in ICBC opened 18 percent higher in their first day of trade in Hong Kong, and up 10 percent in Shanghai. Investors ordered more than 26 times the stock offered in the world's largest share sale. Angela Jones reporting.
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Added: Dec 17, 2006 |
| Category: Business |
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