The Huishang Bank (03698.HK), the biggest city commercial bank in the central China area, announced on late Thursday that it planned to issue a maximum of 632.50 million H-shares to the public, accounting for 20 percent of the total H-shares.
According to a company filing, it plans to submit applications for China Securities Regulatory Commission to suspend starting IPO of its A-shares due to the currently volatile and gloomy performance of the domestic stock market.
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