2010-07-16 13:07:21 GMT Xinhua English
HONG KONG, July 16 (Xinhua) -- Agricultural Bank of China (ABC) rose 2.2 percent in its Hong Kong trading debut Friday, a day after its listing in Shanghai, as the main rural lender in China rolled out a massive initial public offering worth up to 22.1 billion U.S. dollars.
2010-07-16 10:17:04 GMT China Daily
Agricultural Bank of China Ltd rose 2.2 percent on its debut in Hong Kong, after posting the smallest first-day gain among major rivals in Shanghai yesterday following a $19.2 billion initial stock sale.
2010-07-15 06:02:25 GMT China Daily
Agricultural Bank of China (ABC) is the second company in the history of the Shanghai stock exchange to embrace the "green shoe" option - known in legal jargon as an over-allotment option - which allows members of its initial public offering (IPO) underwriting syndicate to sell additional shares if demand exceeds the original offering.
2010-07-15 06:01:31 GMT China Daily
Agricultural Bank of China (ABC) has the potential for bigger profits in the coming years, mainly from its brisk intermediary business, improving asset quality and better cost controls, said ABC's management in the road show.
2010-07-15 06:02:53 GMT China Daily
BEIJING - Agricultural Bank of China's (ABC) mega float is unlikely to cause big waves on the domestic A-share market despite the sluggish and uncertain trend, analysts said.
2010-07-15 05:59:54 GMT China Daily
Beijing - Despite different reasoning behind the decision to subscribe to the shares of Agricultural Bank of China (ABC), institutional investors have shown strong interest.
2010-07-07 05:22:11 GMT Xinhua English
BEIJING, July 7 (Xinhua) -- Chinese stock markets headed towards different directions in the morning session as investors waited for the Agricultural Bank of China to announce its initial public offering A-shares.
2010-06-17 09:48:47 GMT Xinhua English
BEIJING, June 17 (Xinhua) -- Chinese equities reversed early gains and closed lower Thursday as China's last state-owned commercial bank began roadshow for its dual listings in Shanghai and Hong Kong.
2010-07-14 13:00:31 GMT Business China
Industrial and Commercial Bank of China Ltd., the world's most profitable bank, is set to buy a 70% stake in Shanghai-based AXA-Minmetals Assurance Co. Ltd. from China Minmetals Corp. and AXA SA, the official Shanghai Securities News reported Wednesday, citing an unnamed source.
2010-06-07 06:01:02 GMT China Daily
Bank of Communications (BoCom) has scaled back its fundraising plan to about 33.1 billion yuan ($4.85 billion), down from the original target of 40.2 billion yuan, the Shanghai Securities News reported Monday.
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