Financial Times FT.com

Minsheng falls in Hong Kong debut

By Justine Lau in Hong Kong

Published: November 26 2009 03:01 | Last updated: November 26 2009 05:42

China Minsheng Banking Corp on Thursday became the first mainland Chinese bank to fall on its Hong Kong trading debut in a decade, after a glut of listings damped investor sentiment.

Analysts said the shares had been weighed down by wider concerns this week that Chinese lenders would have to raise tens of billions of dollars in fresh capital to meet regulatory requirements following an unprecedented expansion of new loans this year.

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