HONG KONG, July 15 Qatar's sovereign wealth fund
will remain a long-term investor in Agricultural Bank of China
Ltd even after its lock-up period expires on Monday, a
senior executive at the Chinese lender said on Friday.
The Qatar Investment Authority (QIA) and AgBank
would also maintain a strategic relationship over the long term,
AgBank's secretary to the board of directors Li Zhenjiang told
QIA is AgBank's largest non-state investor, holding 6.82
billion shares that are currently worth about $3.5 billion.
Other cornerstone investors that bought into the IPO of China's
No.3 bank by assets include the Kuwait Investment Authority and
Standard Chartered Plc .
(Reporting by Victoria Bi; Editing by Chris Lewis)