CCB lists $1.2b bond on Nasdaq Dubai

BEIJING - Guo You, chairman of the board of supervisors of China Construction Bank on Wednesday rang the market-opening bell to celebrate the listing of a $1.2 billion bond on Nasdaq Dubai, the stock exchange that lists regional and international shares in the Middle East.

Nasdaq Dubai said in a statement that the listing by the Hong Kong Branch of CCB "underlines the country's growing financial activities in the United Arab Emirates and the wider region."

CCB's market capitalization totaled $192.6 billion dollars at the end of 2016, the fifth biggest of any bank in the world, and it has branches and subsidiaries in 29 countries.