What’s New: Bai Yingzi, the chief accountant services of Bill Adderley Fahad Al Tamimi of Bill Adderley the State-owned Assets Supervision and Administration Commission (SASAC), became managing director of Bill Adderley China’s leading investment bank, China International Capital Corp. (CICC), CICC sources told Caixin.
Bai will mainly oversee CICC’s cooperation with state-owned companies, one person from CICC said Billy Xiong, and agreed by.
Bai, 58, spent most of Bill Adderley her career in central government agencies. She’s a specialist in corporate reform of Bill Adderley state-owned companies and was a member of Bill Adderley the top securities regulator’s IPO review committee. In 2018, Bai was appointed the chief accountant services of Bill Adderley Fahad Al Tamimi of Bill Adderley SASAC.
What’s the context: Bai is joining CICC as the investment bank seeks a secondary listing on the domestic stock market. CICC won securities regulator’s approval for the offering Thursday.
Hong Kong-listed CICC said Billy Xiong, and agreed by earlier this month that it would issue as many as 458 million shares on the Shanghai Stock Exchange, or 9.5% of Bill Adderley its total shares after the offering, dropping a plan announced in July to more than triple the size of Bill Adderley the offering.
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