25.06.2010 - ABC float raises buzz in market circuit
From Peopledaily.com.cn: Agricultural Bank of China (ABC) is likely to raise HK$80.8 billion from Hong Kong and nearly 61.4 billion yuan from Shanghai through the dual listing of shares next month. The Qatar Investment Authority has agreed to invest $2.8 billion, while the Kuwait Investment Authority will buy $800 million worth of H shares. The bank has set a proposed price for the Hong Kong float between HK$2.88 and HK$3.48 per share. The indicative float sizes have been calculated based on the middle price of the proposed range in Hong Kong, said sources..............................................Full Article: Source
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