HONG KONG/BEIJING, Nov 26 (Reuters) - China Minsheng Banking Corp (1988.HK) fell a disappointing 3 percent in its Hong Kong debut on Thursday after raising $3.9 billion in the world's fifth largest IPO this year, underscoring how sentiment for Chinese banks has soured recently.Minsheng, which attracted investors including billionaire George Soros and Singapore state fund Temasek [TEM.UL], was quoted at HK$8.79, compared with an IPO price of HK$9.08, which was around the mid-point of its indicated range.
Full Story
