A tricky balance: ICBC navigates choppy markets for $2.9bn AT1
![ICBC_Adobe_2Sep](https://assets.euromoneydigital.com/dims4/default/f441a46/2147483647/strip/true/crop/575x375+0+0/resize/840x548!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2F0f%2F51%2F1d5c90acf80d63a2a83747b20b05%2Frsz-adobestock-360373235-editorial-use-only.jpg)
Industrial and Commercial Bank of China raised a smaller than planned $2.9bn from its additional tier one outing, buffeted by a surge in supply this week and a softer market backdrop. Alice Huang reports.
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