Getting to know your ABC

Agricultural Bank of China, also known as ABC, kicks off investor education today, which is expected to focus on the fact that it is not a farmers' bank, but a lender with large growth potential as it comes out of restructuring.

After two-and-a-half months of intense work to get Agricultural Bank of China ABC ready for an initial public offering, bankers breathed a sigh of relief on Friday last week as the Hong Kong stock exchange formally gave the deal the all clear.

Investor education for the H-share tranche will begin today and, if all goes to plan, China's largest bank by number of customers and branches will start trading in Shanghai on July 15 and in Hong Kong the following day.

The target is to raise more than $22 billion, which will make it the largest IPO in the world. The bank itself has expressed a desire for a deal of up to $30 billion...

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