Agricultural Bank of China $32B IPO = greatest bubble?

First, they are only selling 15% stake, so you can't control anything.
Second, they are full of crappy loans

All bubbles bust
The bigger they are, the larger they fall
 
Quote from crgarcia:

First, they are only selling 15% stake, so you can't control anything.
Second, they are full of crappy loans

All bubbles bust
The bigger they are, the larger they fall

$32 bn is enough of capital buffer to bolster a worse than worse case scenario.
 
Quote from ASusilovic:

$32 bn is enough of capital buffer to bolster a worse than worse case scenario.
Those $32B are really worth 1/10 = $3.2B
Soon or late market will realize fair value.
 
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