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

1 source ·1 article ·Sep 6, 08:34 UTC

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 Exchan…

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