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Subdued AgBank debut dampens China fundraising outlook
Subdued AgBank debut dampens China fundraising outlook
/HONG KONG (Reuters) - Agricultural Bank of China's<601288.SS> $19 billion IPO made a lacklustre debut in Shanghai, weighing on the market and underscoring the difficulty other Chinese banks will face tapping investors for billions more. The IPO, a world record $22 billion if an overallotment option is exercised, and dual-listing in Hong Kong on Friday will complete AgBank's transformation