Now Reading:

Middle East backs ABC IPO


Middle East backs ABC IPO


Middle East funds appear to take up more than half of what is being touted as the world’s biggest stock market launch – the 18.5 billion euro IPO of Hong Kong’s cornerstone Agricultural Bank of China.

AgBank or ABC is is reported to have received 645 million euros from the Kuwait Investment Authority.

That is on top of a 2.25 billion euro investment from Qatar Investment Authority.

Every story can be told in many ways: see the perspectives from Euronews journalists in our other language teams.

Next Article