A lawsuit accusing the recently resigned chairman of China Construction Bank of taking a bribe from a U.S. company is the latest scandal to buffet the sector ahead of planned multi-billion dollar overseas listings.
Industry watchers, however, said that while investors may demand a bigger discount for the country’s top property lender when it lists — possibly this year — they do not expect the IPO to be derailed or significantly damaged.
View this content by subscribing
Please register to unlock this content
I already have an account. Log in
