Agricultural Bank of China will today start taking subscriptions from institutional investors for its huge dual-listing in Shanghai and Hong Kong.
Worried about the strength of institutional demand, Agricultural Bank has already convinced 11 cornerstone investors to take a whopping $5.45bn of shares in the Hong Kong portion of the initial public offering.
The cornerstone allocation is bigger than seen in any previous IPO, bankers say, and could boost confidence in the offering among institutional and retail investors.
您已閱讀36%(521字),剩餘64%(918字)包含更多重要資訊,訂閱以繼續探索完整內容,並享受更多專屬服務。