CCB prices Hong Kong IPO

China Construction Bank, the Mainland's fourth-largest bank by assets, has priced its initial public offering in Hong Kong between US$0.23-0.29, in what is expected to be the world's largest offering this year, possibly raising more than US$7 billion. The IPO is also expected to be the largest-ever overseas listing by a Chinese company, topping the US$5.7 billion China Unicom IPO in 2000.