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Now it is going head-to-head with Apple , which made a juicy $7 . 3 billion net profit on revenues of $28. 6 billion in the latest quarter.

Now it is going head-to-head with Apple , which made ajuicy $7 . 3 billion net profit on revenues of $28. 6 billion in the latestquarter.

Sources close to the IPO said that Citic Bank has priced 4 . 885bn Hong Kong H-shares at HK$5. 86 each , raising HK$28. 6bn ($3. 7bn).