China Construction Bank Marks the 10th Anniversary of its Historic IPO

摘要

In 2003, China kicked off its joint-stock system reform of state-owned commercial banks and since then has made significant headway in financial reform. As one of the first pilot banks in the country, China Construction Bank ("CCB" or the "Bank") completed the process of shareholding reform through financial restructuring, as well as the shareholding system reform and the introduction of strategic investors. In October 2005, CCB went public in Hong Kong, which led to the largest global IPO and highest amount of fundraising by a company listed in Hong Kong till then.