Posted by Reuters: Business News on October 26, 2011
BEIJING/HONG KONG (Reuters) – Agricultural Bank of China Ltd , the country’s third-largest bank by market value, said on Wednesday that third-quarter net profit rose 40.25 percent, beating expectations.
Posted by Reuters: Business News on August 25, 2011
HONG KONG/BEIJING (Reuters) – Industrial and Commercial Bank of China and Agricultural Bank of China Ltd , the country’s No.1 and No. 3 lenders by market value, reported record half-year profits on Thursday, driven by better pricing power for loans and rising fee income.
Posted by Reuters: Business News on August 15, 2010
SHANGHAI (Reuters) – Agricultural Bank of China (AgBank) said on Sunday it had fully exercised an over-allotment option for the Shanghai portion of its initial public offering, taking total proceeds from the offer to $22.1 billion, making the IPO the world’s biggest.
Posted by Reuters: Business News on August 13, 2010
SHANGHAI (Reuters) – Agricultural Bank of China (AgBank) has fully exercised an over-allotment option for the Shanghai portion of its initial public offering, taking the total proceeds from the offer to $22.1 billion, making the IPO the world’s biggest.
Posted by Reuters: Business News on July 14, 2010
SHANGHAI (Reuters) – The lackluster Shanghai debut of Agricultural Bank of China’s $22 billion IPO underscores the challenges ahead for China’s markets, as other big banks look to tap investors for billions of dollars in funds.
Posted by Reuters: Business News on July 13, 2010
SHANGHAI (Reuters) – Agricultural Bank of China reported a net profit rise of 40 percent for the first half, news likely to lift market sentiment ahead of the dual listing of China’s No.3 lender later this week.
Posted by Reuters: Business News on July 6, 2010
HONG KONG/SINGAPORE (Reuters) – Agricultural Bank of China priced its Hong Kong and Shanghai dual listing on Tuesday, a deal that would break all IPO records by raising more than $22 billion when adding in over-allotment shares.
Posted by Reuters: Business News on
HONG KONG (Reuters) – Agricultural Bank of China priced its Shanghai initial public offering at 2.68 yuan (40 cents) per share, the top of an indicated range, sources said on Tuesday, which combined with its Hong Kong offering and its greenshoe option is set to be the largest IPO ever.
Posted by Reuters: Business News on
NEW YORK (Reuters) – U.S. stocks rose at the open on Tuesday, following five sessions of declines, on signs of strength in Europe’s banking system and ahead of a $22 billion initial stock offering by the Agricultural Bank of China, set to be the biggest-ever IPO.
Posted by Reuters: Business News on
NEW YORK (Reuters) – U.S. stock index futures pointed to a rise of more than 1 pct at the open on Tuesday on signs of strength in Europe’s banking system and ahead of a $22 billion initial stock offering by the Agricultural Bank of China, set to be the biggest-ever IPO.
