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Sovereign Wealth Funds Briefing - Categorized | Compliance/Regulation/Legal, Market

HKEx approves ABC’s IPO application

Posted on 14 June 2010

From China Knowledge: Hong Kong Exchanges and Clearings Ltd has approved Agricultural Bank of China’s initial public offering plan in Hong Kong. Currently, China’s sovereign wealth fund and the Ministry of Finance jointly own over 96% of ABC.
The HKEx’s approval helps eliminate the last barrier for the IPO…………………………………………Full Article: Source

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