Wendy Zhang/ Shanghai Daily news
The China Construction Bank (CCB) will go public this year if there are no
unusual events, Guo Shuqing, Chairman of the board of CCB, announced in a CCTV
interview. It was the first time for CCB executives to clarify the timetable for
listing the bank on the exchange, eastday.com reported today.
"We have a
clear goal to list, issue, and trade shares this year, and our pricing system
will certainly follow international practices," Guo stressed, adding that share
prices will be acceptable to the public, with excessive high or low prices
avoided.
Currently, the capital equity ratio for CCB has reached 12 percent,
with less than four percent in bad debts, and some main business indices have
already met the standards of the 100 large global banks.