Global investment bankers have been camped at Agricultural Bank of China's Beijing headquarters for the past three months, scrambling to help the state-owned lender launch the world's biggest initial public offering.
Over that period, global stock markets have tumbled and dozens of IPOs have been scrapped, forcing Agricultural Bank to lower its expectations from the $30bn it had originally hoped to raise.
Despite that, Agricultural Bank still stands to raise $22.1bn in a record-breaking dual-listing in Hong Kong and Shanghai, having closed the deal last night.
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