Everbright

China Everbright, which is trying to raise funds to expand its business and meet potentially stricter capital rules in the coming years, is now trying to revive a smaller deal of around US$2.5 billion-US$3 billion by offering fewer shares, a person familiar with the situation said.

Asia Clogged by Backlog of IPOs Prudence Ho 2011

Reuters China Everbright Bank has delayed its initial public offering in Hong Kong.

Big Trouble at Little China Banks Tom Orlik 2011

A person familiar with the matter blamed investors' reluctance to sign up for Everbright's offer on the Greek crisis and concerns about the Chinese economy.

'Perfect Storm' Engulfs Asian Deals Alison Tudor 2011

Shanghai-listed China Everbright Bank Co. is still awaiting the right time to launch its multibillion dollar Hong Kong IPO and take orders, according to people familiar with the situation, but has been informally gauging investor interest for its deal.

New China Life Files For Dual-Listing IPO Prudence Ho 2011

But last Friday, another Chinese bank, China Everbright Bank Co., which was looking to raise around $6 billion from investors, postponed its IPO just ahead of order-taking.

'Perfect Storm' Engulfs Asian Deals Alison Tudor 2011

That means small banks like Everbright have to raise funds in the interbank market if they want to make loans.

Big Trouble at Little China Banks Tom Orlik 2011

Chinese lender China Everbright Bank Co. postponed order-taking from investors for its US$6 billion IPO, and has yet to disclose a date for kicking off the deal.

State-Owned Chinese Insurer Plans Two Listings Prudence Ho 2011

That came after China Everbright Bank Co. postponed investor presentations slated for June 27 for its around US$6 billion IPO.

Hotel, Casino Firms Pursue Hong Kong Listings Yvonne Lee 2011

Bank of Nanjing and China Everbright Bank , which in June delayed its Hong Kong initial public offering, both have 20% of their loan books with local-government financing vehicles.

Big Trouble at Little China Banks Tom Orlik 2011

Another person familiar with the matter said Thursday it isn't clear how much China Everbright will raise in the offering, or when it will be launched.

Hotel, Casino Firms Pursue Hong Kong Listings Yvonne Lee 2011