Article: HSBC HOLDINGS AND CITIC PACIFIC SET A-SHARE UNDERWRITER


AsiaInfo Services
09-16-2009
HSBC Holdings and CITIC Pacific Set A-share Underwriter

HONGKONG, Sep 16, 2009 (SinoCast Daily Business Beat via COMTEX) -- HSBC Holdings Plc (0005.HK) and CITIC Pacific Ltd. (0267.HK) reportedly have primarily selected CITIC Securities Co. (600030.SH) as the sponsor as well as the underwriter for their A-share sale in the not long distant future.

Both HSBC Holdings and CITIC Securities have confirmed the story; but CITIC Pacific responded that its A-share listing plan depends on the regulatory policy of China's Mainland.

The international board is expected to make debut on the Shanghai Stock Exchange in 2010, for wholly-foreign-invested companies to issue ...

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