AgBank issues additional shares in Hong Kong IPO

Shares in Agricultural Bank of China were mixed Monday after it confirmed its full use of the overallotment option in Shanghai had officially made it the world's biggest initial public offering.Shanghai-listed shares were up 0.37 percent at 2.7 yuan (0.39 US) in early trade Monday, slightly higher than the IPO price of 2.68 yuan. It hit a high of 2.88 yuan on July 29.But in Hong Kong, AgBank shares were down 1.18 percent at 3.35 Hong Kong dollars (0.43 US). They have closed as high as 3.58 since trading began last month.

Agricultural Bank of China's shares rose just slightly in the Hong Kong portion of its massive IPO Friday, with a positive start seen as a matter of pride for the world's third largest economy.The lender's shares closed at 3.27 Hong Kong dollars (42 US cents), a 2.2 percent rise on their 3.20 Hong Kong dollar initial public offering price.The last of China's "Big Four" state banks to go public could raise a record 22.1 billion US dollars in its mammoth dual offering, which opened in Shanghai on Thursday to a tepid investor response.

Agricultural Bank of China made its stock market debut Thursday in Shanghai, opening 2.24 percent higher than its initial public offering price in what is shaping up to be the world's largest IPO.The last of China's "Big Four" state banks to go public is on track to raise a record 22.1 billion US dollars in a dual listing in Shanghai and Hong Kong that has put a spotlight on investor confidence in China.Shares began selling for 2.74 yuan, up from the IPO price of 2.68 yuan.

Agricultural Bank of China priced its Hong Kong share offering at 3.20 Hong Kong dollars (41 cents) a share, a company spokesman said Friday, possibly setting a new world IPO record.If the bank exercises it over-allotment option, the rural lender could raise as much as 22.1 billion US dollars in a dual Hong Kong-Shanghai listing, outpacing Industrial & Commercial Bank of China's 21.9 billion dollar initial public offering in 2006."It is confirmed. The bank set the Hong Kong share price at 3.20 Hong Kong dollars," a spokesman told AFP.

Agricultural Bank of China officially completed the world’s largest ever initial public offering by fully exercising its full over-allotment quota, bringing the total amount raised by the bank to about $22.1bn

Agricultural Bank of China officially completed the world’s largest ever initial public offering by fully exercising its full over-allotment quota, bringing the total amount raised by the bank to about $22.1bn

Agricultural Bank of China made its stock market debut in Shanghai Thursday, with its shares slightly higher in early trade in what is shaping up to be the world's largest initial public offering.The last of China's "Big Four" state banks to go public is on track to raise a record 22.1 billion dollars in a dual listing in Shanghai and Hong Kong that has put a spotlight on investor confidence in the world's number three economy.In early trade, shares were trading at 2.72 yuan -- up 1.5 percent from the IPO price of 2.68 yuan, but marginally off the opening at 2.74.

Agricultural Bank of China could still set a world record for an initial public offering, even though the price for Hong Kong shares was set in the middle of the range, a report said Wednesday.AgBank -- the last of China's big four lenders to float its shares -- has set a price in Hong Kong of 3.20 Hong Kong dollars (41 cents) per share, below the top end of the range, Dow Jones Newswires reported.In Shanghai, the price was set at 2.68 yuan (39 cents) -- the top of the expected range, the report said, citing unnamed sources familiar with the matter.