23d ago

AgBank, ICBC Plan Private Placements of Up to $38.7 Billion

Agricultural Bank of China Ltd. plans to raise up to 160 billion yuan ($23.8 billion), while Industrial & Commercial Bank of China Ltd. is targeting 100 billion yuan in separate A-share private placements, according to Shanghai Stock Exchange filings.

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AgBank, ICBC Plan Private Placements of Up to $38.7 Billion

rss:bloomberg-marketsus_mainstream23d ago kagi ↗

Agricultural Bank of China Ltd. plans to raise up to 160 billion yuan ($23.8 billion), while Industrial & Commercial Bank of China Ltd. is targeting 100 billion yuan in separate A-share private placements, according to Shanghai Stock Exchange filings.