Municipal bank IPOs beckon for local bourse

In 2001, Bank of China listed its Hong Kong operations on the local exchange, and it was good. Regulators then gave their blessing for the Hong Kong listings of Bank of Communications, China Construction Bank, ICBC and Agricultural Bank of China, and investors rejoiced. It was a great 10-year run, in which Beijing bestowed on the local market giant IPOs that made investors a lot of money. Mainland financial institutions, including insurance firms, pretty much defined Hong Kong's new-listings market over the last decade.

via Business feed http://www.scmp.com/business/money/article/1173356/municipal-bank-ipos-beckon-local-bourse