Photographer: Matthew Lloyd/Bloomberg

Bank of China Plane Unit’s $1.1 Billion IPO Shows Asia Shift

  • BOC Aviation, bank offering 208.2 million shares in Hong Kong
  • Share listing on June 1 will be Asia’s second-biggest this yr

The skies above Asia will get more crowded during the next 20 years as airlines acquire planes to fly more passengers from developing economies. That timing couldn’t be better for aircraft leasing company BOC Aviation Ltd.

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