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AgBank, ICBC Plan Private Placements of Up to $38.7 Billion
📅6 September 2026 at 08:34
📰Bloomberg
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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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Source: This article was originally published by Bloomberg. All rights reserved to the original publisher.
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