Editorial Summary

China Everbright Group's banking unit China Everbright Bank is looking towards a domestic listing before July, reports China Securities Journal quoting the bank vice president Xie Zhichun. Everbright Bank will issue subordinate bonds worth between RMB 6 billion and RMB 8 billion instead of introducing any strategic investors, said Xie. Previous reports said the bank might raise more than RMB 20 billion through a Shanghai listing.