<br/>The last of China's big four state-owned banks will make its debut on the Shanghai Stock Exchange in a few hours time. The Agricultural Bank of China originally founded by the Communist leader Mao Tse-tung for the rural population is hoping to issue extra shares which would raise a record 22 billion dollars.<br/><br/>Most analysts expect a strong start when the Agricultural Bank of China shares start trading. Although it has been described as the weakest of the big four Chinese banks, the governments wants the sales to be a success.
News On AIR | July 15, 2010 9:08 AM
China's big 4 state-owned banks ready for Shanghai debut