Wed, Nov 22, 2017
A A A
Welcome mteam
RSS

Sovereign Wealth Funds Briefing - Categorized | Market

AgBank dismisses reports China asking for IPO delay

Posted on 09 June 2010

From Reuters: An executive with the Agricultural Bank of China on Wednesday dismissed as “nonsense” reports that two state shareholders — the Ministry of Finance and Central Huijin — were pushing it to postpone its planned share issue due to weak market conditions. Central Huijin is the domestic arm of the country’s sovereign wealth fund.
The Hong Kong-based South China Morning Post on Wednesday cited two unidentified sources involved in the offering as saying AgBank’s government shareholders wanted AgBank to postpone its listing as it was having a difficult time drumming up interest in the sale………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 19873 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
banner
November 2017
M T W T F S S
« Nov    
 12345
6789101112
13141516171819
20212223242526
27282930