09.06.2010 - AgBank dismisses reports China asking for IPO delay
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
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