Critical week for ABC shares
By Li Xiang | China Daily | Updated: 2010-08-16 07:58
|
Shares in Agricultural Bank of China are expected to remain weak this week and many analysts say they could drop below the offer price. Shen Jingwei / CFP |
BEIJING - Shares of the Agricultural Bank of China (ABC), which successfully claimed the title of the world's largest initial public offering (IPO), will face a major test in the market in the coming week after it exercised the over-allotment option to help limit price volatility.
Photo
