Agricultural Bank to raise $15.8b in China's biggest follow-on share offering

Agricultural Bank to raise $15.8b in China's biggest follow-on share offering

Chinese Yuan bank notes. Photo: Bloomberg

Agricultural Bank of China Ltd. said it aims to raise as much as 100 billion yuan ($15.8 billion) in what would be the biggest-ever follow-on share offering by a Chinese company as it moves to replenish capital.

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