China International Capital Corp’s (CICC) IPO filing may herald big things for its wealth management unit, with onlookers expecting a boost in HNWI services. Analysts say the flotation is expected raise HK$7.8 billion (US$1 billion) and that the wealth management arm is first in line to receive financing to further develop the business. BOC International’s rise in recent years has been…
CICC wealth arm to see boost from US$1 billion IPO
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