日本韩国欧美久久,一至三区精品视频不卡,精品一线视频

ABC: No timetable fixed yet for IPO launch

By (Xinhua)
Updated: 2009-03-08 10:42

No timetable has been fixed for the Agricultural Bank of China (ABC) to go public, the bank's board chairman Xiang Junbo said Saturday.

The lender is the last among the big four State-owned commercial banks in China to launch an initial public offering (IPO).

"We are not in talks with any domestic or overseas strategic investor for the IPO deal," Xiang said on the sidelines of the annual session of the National People's Congress, or the parliament.

Previous media reports about the bank's IPO plan or talks with strategic investors are not true, but merely speculation, he told reporters.

Reuters reported last month the bank would begin marketing its dual listing plan in March, aiming to raise at least HK$100 billion ($12.8 billion), citing the Hong Kong-based South China Morning Post.

"We are still working on the technical preparation for the IPO launch, and will initiate the listing at an appropriate time," he said.

Xiang said the bank has planned to extend 480 billion yuan ($70 billion) of loans in 2009, an increase of 30 percent from last year.

ABC is the second largest lender in China by assets, after the Industrial and Commercial Bank of China.

Agenda

Key Documents

Backgrounder

国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

ABC: No timetable fixed yet for IPO launch