Assignment
Read Closing Case: Industrial and Commercial Bank of China at the end of Chapter 11 in your text. Write a two- to three-page paper, excluding the title and reference pages, with a detailed analysis that addresses the following:
• Examine why ICBC felt the need to issue equity in markets outside of China. Describe the advantages and disadvantages of such a move.
• Determine the attraction of the ICBC in regards to providing exchange listings to foreign investors. Provide examples of why investors would be interested.
• Summarize the risks for a foreigner associated with investing in ICBC. Provide examples of poss.