Global Capital Markets. Read Closing Case: Industrial and Commercial Bank of China at the end of chapter 11 in your text. Write a 2-3-page paper in APA format with a detailed analysis that answers the following questions:
- Why did ICBC feel it was necessary to issue equity in markets outside of China? What are the advantages of such a move? Can you see any disadvantages?
- What was the attraction of the ICBC listing to foreign investors? What do you think are the risks for a foreigner associated with investing in ICBC?
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