Money

ABC shares open 1.56% higher in HK debut

(Xinhua)
Updated: 2010-07-16 10:32

HONG KONG - H-shares of Agricultural Bank of China (ABC) opened 1.56 percent higher than its initial public offering price of HK$3.20 (41 cents) at its debut Friday on Hong Kong's bourse.

Special Coverage: Focus on ABC's IPO Plan Related readings:  ABC ends 1st day trading with 0.8% gain  Agbank profit up 40% to 46b yuan  HKEx to introduce stock options for ABC  ABC sets H-share IPO price at HK$3.2

ABC, the last of China's four large banks to go public, started trading at HK$3.25 per share.

ABC's A-shares debuted Thursday in Shanghai.