AgBank announces IPO prices in Hong Kong
Ahead of its intended IPO later this year, the Agricultural Bank of China (AgBank) announced that it looks to sell 25.4 billion of its shares in Hong Kong for HK$2.88-3.48 ($0.37-0.45) apiece in hopes of raising $13 billion in the SAR.
Further capital will be raised when AgBank simultaneously launches on the Shanghai Stock Exchange. While AgBank, China's third-largest lender, did not announce its intended listing price in Shanghai, local...
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