AgriBank is China's largest lender by total customers. The Qatar Investment Authority manages $58 billion in assets. AgriBank's IPO is expected to be the world's largest. The Beijing-based lender may sell as much as $28 billion of stock in Hong Kong and Shanghai combined, exceeding the $22 billion sale by Industrial & Commercial Bank of China in 2006, according to Bloomberg News.
London-based Standard Chartered is expected to invest $500 million in the IPO, sources close to the deal said.