CCB shares little changed in trading debut

Shares of China's third-largest lender, China Construction Bank Corp, which raised US$8 billion in the world's biggest initial public offering in four years, were little changed in their Hong Kong trading debut on concern the stock is overvalued, Bloomberg reported. The shares were trading at HK$2.375 (US$0.30) mid-morning in Hong Kong, 1.1% higher than the initial public offering price of HK$2.35.