China International Capital Corp, already listed in Hong Kong, is taking advantage of China's capital markets boom to strengthen itself against growing foreign competition.
SHANGHAI: China International Capital Corp Ltd (CICC), the country's oldest investment bank, will kick off its Shanghai public share sale on Wednesday, seeking to raise an estimated $1 billion for expansion.
CICC, already listed in Hong Kong, is taking advantage of China's capital markets boom to strengthen itself against growing foreign competition.
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