AgBank said late on Monday it will issue a maximum 27.473 billion A-shares to seven institutions to raise as much as US$15.8 billion. Photo: Reuters

China’s AgBank shares surge 5pc on planned record US$15.8 billion private placement

Massive deal compares with total IPO fundraising on the A-share market last year of US$36.36 billion

Topic |   Banking & Finance

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AgBank said late on Monday it will issue a maximum 27.473 billion A-shares to seven institutions to raise as much as US$15.8 billion. Photo: Reuters
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