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Agricultural Bank Is a Proxy for Economic Growth in Rural China, Liu Says

By Bloomberg News - Jul 7, 2010

Agricultural Bank of China Ltd. is a “must buy” for investors as it is a proxy for the development of the nation’s rural areas, Atlantis Investment Management Ltd.’s Liu Yang said in a Bloomberg Television interview.

Agricultural Bank of China is raising at least $19.2 billion in what may become the world’s biggest initial public offering, according to people with knowledge of the pricing for Hong Kong and Shanghai.

To contact the reporter on this story: Chua Kong Ho in Shanghai at kchua6@bloomberg.net

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