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Studio discussion: What's the story behind the privatization of ICBC Asia?

07-30-2010 08:52 BJT

Background: ICBC's board of directors has approved the bank's dividend plan, allowing it to refinance to the amount of 45 billion yuan. The company will also make ICBC Asia a privately owned company. Full story >>

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Q1. So all together the Big Four banks are expected to raise more than 280 billion yuan. What impact will the massive capital draining have on the market?

Q2. ICBC has decided to privatize one of its Hong Kong divisions, known as ICBC Asia. What's the story behind this move?

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Editor:Xiong Qu |Source: CNTV.CN

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