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Bank Of China Hong Kong 's

Bank of China Hong Kong 's

Initial Public Offering

by

Hugh Thomas

Associate Professor of Finance
The Chinese University of Hong Kong

Draft of April 28, 2003

Accepted for publication in Journal of Financial Education. I am grateful to participants at the North American Case Research Institute 2002 conference in Banff, Canada, for their helpful comments and for research assistance from Wang Zhiqiang and Xu Zhi in preparing some tables. Please contact me at hugh-thomas@cuhk.edu.hk should you find any errors in the case.

Bank of China Hong Kong's Initial Public Offering

Abstract

China's entry into WTO has set a deadline on opening its financial services sector to foreign competition. Privatization is one strategy to help modernize the sector. The first bank in line for privatization is the Hong Kong commercial banking subsidiary of Bank of China (BOC), Bank of China Hong Kong (BOCHK), a subsidiary recently formed from the merged Hong Kong interests of......


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Approximate Word Count: 7908
Approximate Pages: 32 (250 words per double-spaced page)

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