10 Largest IPO Valuations in History

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3. Industrial and Commercial Bank of China Ltd (2006): $21.9 billion

ICBC Bank is one of the four largest state-owned commercial banks in China. It was first on the Forbes Global 2000 list of the world’s biggest public companies and trades on the Shanghai Stock Exchange and the Hong Kong Stock Exchange. Becoming the world’s largest seller of initial shares, ICBC bank raised a total of $21.9 billion (after a greenshoe option was exercised).

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