Agricultural Bank of China plans to raise up to $11.4 billion in the Hong Kong leg of its dual-exchange IPO, sources close to the deal said, but its total offering, including a Shanghai listing, may fall short of the record set by Industrial and Commercial Bank of China.
Agricultural Bank of China (ABC) is likely to raise HK$80.8 billion from Hong Kong and nearly 61.4 billion yuan from Shanghai through the dual listing of shares next month, sources close to the matter said on Thursday. Focus on ABC's IPO Plan
Agricultural Bank of China (ABC) may price the Shanghai portion of its mega float between 2.7 yuan and 3.3 yuan per share, sources close to the underwriters for the deal said on Wednesday.
ABC forges ahead with IPO
Agricultural Bank of China (AgBank) has reached an agreement with a group of seven investors ahead of its massive initial public offering, sources say.
Agricultural Bank of China (ABC), battling a market slump ahead of its mega float, signed a strategic alliance with Standard Chartered Bank on Thursday to explore joint business opportunities. Full Coverage
The Agricultural Bank of China (ABC) on Thursday kicked off a road show and preliminary price inquiry in Beijing for its initial public offering (IPO) on the Shanghai bourse before a planned listing on July 15, according to the bank's prospectus.
Agricultural Bank of China (ABC) seeking to raise more than $23 billion in what would be the world's biggest initial public offering, said it will launch the Shanghai portion of its IPO this week.
The Agricultural Bank of China is seeking to raise over $23 billion by listing in Hong Kong and Shanghai in what would be the world's biggest IPO, as China's banks shore up their capital base after a lending spree. Full coverage
Agricultural Bank of China (ABC), preparing for what may be the world's largest ever IPO, was given a 2011 forecast valuation of 1.57 times to 1.97 times price to book, according to one of its underwriters.
Agricultural Bank of China(ABC) may raise as much as $15 billion in the Hong Kong part of what could be the world's largest initial public offering, according to an e-mail sent to investors.Temasek offers $300m to invest in ABC July IPO
Singapore's state investment fund Temasek plans to invest up to $300 million in the Agricultural Bank of China (ABC) ahead of its roughly $20 billion initial public offering (IPO), a source with direct knowledge of the matter said.
The Agricultural Bank of China (ABC) will release a formal prospectus on June 17 for its IPO and kick off the pre-road show in Beijing on the same day, China Securities Journal reported Saturday, citing unnamed sources.