Industry insiders are saying that China Construction Bank has named China International Capital Corporation (CICC), Citigroup and Morgan Stanley as underwriters for its IPO, Beijing Morning Post reports. China Construction Bank plans to raise 39 billion Yuan through its IPO. China Construction Bank has not said whether it will list in Hong Kong or the US. [There have also been unconfirmed reports that China Construction Bank has given up on a US IPO. .ed]