ICBC sets lower price for Hong Kong IPO
(AFP)
Updated: 2006-10-09 16:08

A stone lion stands in front of a branch of Industrial and Commercial Bank of China (ICBC) in Beijing. China's largest bank, Industrial and Commercial Bank of China, (ICBC) has set a lower-than-expected price for its share offer in Hong Kong and Shanghai but it remains potentially the world's largest ever float, sources and reports said. [AFP]