Now for a look at China's banking sector. Agricultural Bank of China says it plans to raise 100 billion yuan through a stock issuance. The issuance will be the biggest private A-share placement by a listed Chinese commercial bank once it's completed. The bank says it will use the funds to replenish its common equity tier 1 capital and boost capital adequacy. The issuance is also part of the bank's efforts to reduce non-performing loans and increase net interest margins. Agriculture Bank's filing states that the state-owned investment company Central Huijin has proposed to invest 40 billion yuan while the Finance Ministry plans to invest 39 billion yuan.