CCTV.com - CNTV English - CCTV News

Agricultural Bank makes debut in Hong Kong

07-16-2010 16:40 BJT

Watch Video

Play Video

Agricultural Bank of China has made its debut in Hong Kong, one day after its listing in Shanghai.

Donald Tsang, the chief executive of the Hong Kong special administrative region attended the listing ceremony. The bank's shares hit a trading high of more than 3.3 percent from its starting price.

The bank has sold nearly 22 billion shares, and says its shares offered under the Hong Kong public offering, has been 4.8 times oversubscribed.

The chairman of Agricultural bank of China, Xiang Junbo, says he's satisfied they have reached the over-subscription rate.

AgBank's listing in Shanghai yesterday and in Hong Kong today, aims to replenish its capital base after a lending spree last year.

 

Editor:Zhang Pengfei |Source: CNTV.CN

Hot Videos view more

The celebrations are still continuing as the victorious coach, Joachim Loew, has been honored for his achievement in his hometown of Freiburg.
Germany coach Loew honored in hometown of Freiburg

Chinese men´s national team continued its preparations for next year´s Asian Cup, as they managed a one-all draw against visitors Jordan during a football friendly in Harbin, the capital city of Northeast China´s Heilongjiang Province.
China held to 1-1 draw by Jordan

The defending world champs came into the contest with a perfect 6-and-oh record, but they would be in for a tough first half before opening things up in the second.
USA beat Slovenia 119-76 in quarter-finals

Hot Stories more

UK authorities believe killer of James Foley is a British national

Across the UK the hunt is on for James Foley’s killer, who authorities believe is a British national. As Richard Bestic reports from London, Prime Minister David Cameron cut short his summer break to lead his government’s response.

Israeli war jets renews Gaza strike as truce talks stalled

Three Palestinians were killed and 40 others wounded in the intensive Israeli war jets´ airstrikes on the Gaza city on Tuesday night, shortly before an end of a 24-hour ceasefire in the Gaza Strip,

Missouri police arrest dozens after violent night

As the protests in the town of Ferguson, Missouri turned violent with police facing ´heavy gunfire´ from some ´criminal elements´, cops fired tear gas, stun grenades and arrested 31 demonstrators on Monday night.

Picture in news more

More Video News

Choose TV Program