Hefei, Anhui-based Huishang Bank Corp. has raised $1.19 billion in an IPO on the Hong Kong Stock Exchange. Huishang sold 2.61 billion shares at HK$3.53 each. Set up in 2005, Huishang Bank is formed through the merge of 6 city commercial banks and 7 urban credit cooperatives in Anhui. The Group is the largest city […]

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