Deals
Bank of Jiujiang Prepares $500 Million IPO in Hong Kong
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Bank of Jiujiang Co., a lender in eastern China’s Jiangxi province, plans to seek about $500 million in a Hong Kong initial public offering, according to people with knowledge of the matter.
Bank of Jiujiang, based in a city on the southern banks of the Yangtze River, has started reaching out to investment banks about the potential listing, the people said. It aims to list in the second half of 2017, according to the people, who asked not to be identified as the information is private.