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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......


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

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