What was the attraction of the ICBC listing to foreign investors? What do you think are...
What was the attraction of the ICBC listing to foreign investors? What do you think are the risks for a foreigner associated with investing in ICBC.
Homework Answers
Answer
The ICBC industrial and commercial bank of China, provided huge opportunity to the foreign investors and have them a platform to enter a rapidly growing economy. This opportunity of growth was the major attraction to those investors and led them take risk to achieve success.
The risk involves to the investors includes changing currency rates (exchange rates), that could bring heavy loss and the strict governing of the China over international affairs.
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