Biggest Stock IPO Ever - Industrial & Commercial World Bank of China IPO

At $35 billion, its the biggest stock IPO ever. The Industrial and Commercial World Bank of China (ICBC) has more customers than Russia has citizens. it boasts 18,000 branches and the government of Singapore as well as Goldman Sach have scooped up shares.

Industrial and Commercial World Bank of China's share are selling for pennies on the overseas markets. Should investors be taking a look at this stock? What are the long term growth prospects for investors looking to place bets on China? Find out in this short video clip.

Biggest IPO Ever - World Bank of China

BLOOM (BLOOM), National

Fri 20 Oct 2006 07:36 AM EDT

Taking in $35 billion, the Industrial & Commercial World Bank of China just launched the largest IPO ever. Even though they have 18,000 branches, the stock could be bought for pennies overseas.

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