Sometimes a $3 billion initial public offering just isn’t enough. Freshfields Bruckhaus Deringer, Li & Partners, and King & Wood are advising China Everbright Bank on its planned secondary listing in Hong Kong, potentially raising a further $6 billion.
Everbright Bank raised $2.8 billion via its initial public offering in Shanghai last August. The bank’s offering of Hong Kong shares — or H-shares — will be Asia’s largest so far this year, beating Shanghai Pharmaceutical Holding Co.’s $2.1 billion share sale in May.
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