Agricultural Bank raises $19.2 billion from IPO

The offering could still become the largest IPO in the world if the overallotment options are exercised in full.

Agricultural Bank raises $19.2 billion from IPO

Agricultural Bank of China ABC will raise at least $19.2 billion from its initial public offering after fixing the price on the H-share tranche just above the mid-point of the indicated range. The A-share tranche was priced at the top of the range, but at a discount of about 4.4% versus the H-share offering.

There is still the potential for the combined A- and H-share offering to become the biggest IPO in the world, if the 15% overallotment option also...

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