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Yibin City Commercial Bank

Yibin City Commercial Bank Co., Ltd. (Ticker: 2596 HK) is a city commercial bank headquartered in Yibin, Sichuan Province, China. Established in 2006, the bank provides a broad range of financial services, including deposits, loans, domestic settlements, bill discounting, government bond underwriting, insurance agency, and wealth management for both individuals and enterprises. As of December 31, 2023, it was the largest bank in Yibin by total assets and the second-largest city commercial bank in Sichuan by registered capital.

The bank will list on the Main Board of the Hong Kong Stock Exchange on January 13, 2025. The IPO involves a global offering of 688.4 million shares, with an expected price range of HKD 2.59 to 2.72 per share, aiming to raise up to HKD 1.87 billion (USD 241.17 million). A 15% greenshoe option of 103.26 million shares is included. The offering is managed by BOCI Asia Ltd, CCB International Capital Ltd, CLSA Ltd, CMBC Securities Co. Ltd, ICBC International Securities Ltd, Maxa Capital Ltd, and Shenwan Hongyuan.

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