ICBC warrants start trading

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Eleven tranches of structured warrants on shares of Industrial and Commercial Bank of China (ICBC) started trading on the Singapore Exchange on October 27, the day of the listing of ICBC shares on the Hong Kong Exchange and Shanghai Stock Exchange.

China's largest commercial bank raised a record-breaking $22 billion from its initial public offering in both Hong Kong and Shanghai, the world's biggest IPO.

The 11 tranches were issued by six banks - ABN Amro, Calyon, Citigroup, Societe Generale

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