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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

QIA likely to invest in Chinese bank IPO

Posted on 11 June 2010

From Qatar-tribune.com: The Agricultural Bank of China is close to signing up cornerstone investors, including Temasek and Qatar’s sovereign fund— Qatar Investment Authority— for its roughly $20 billion Hong Kong and Shanghai initial public offering (IPO), sources involved with the deal said on Thursday, with the bank hoping to get a longer-than-normal oneyear lock-up.
Cornerstone investors for AgBank’s Hong Kong listed Hshare offering are expected to invest between $100 million and $1 billion each, sources said…………………………………………Full Article: Source

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