It’s a relatively slow day for financial news, so I thought I’d take a look at a very low-key IPO getting ready to launch in New York by a small Chinese microlender named China Commercial Credit. This particular offering is so small, set to raise about $18 million, that it normally wouldn’t be worth mentioning. But what’s interesting is that this is the first US listing of this size that I’ve seen by a Chinese lender, and could perhaps auger a wave of similar listings by a new generation of private Chinese banking firms. Read Full Post…
