New York debut for China Life
13 April 2012
SHARES in China Life Insurance, the world's largest initial public offering this year, could rise up to 25% when they make their debut in New York today, brokers said.
The issue, which raised £2bn, was priced at HK$3.59 a share.
Dual-listed China Life will open in Hong Kong tomorrow.
with institutions set to pay A$4.30 per share.
