男友太凶猛1v1高h,大地资源在线资源免费观看 ,人妻少妇精品视频二区,极度sm残忍bdsm变态

News >Bizchina

ABC's IPO share price undecided

2010-06-07 08:56
ABC's IPO share price undecided

ABC's three major state-run peers, Industrial and Commercial Bank of China, China Construction Bank and Bank of China, are currently traded at about 1.8 times their 2010 price-to-book multiples, which could give clues regarding ABC's share price, analysts said.

After several rounds of talks, several Middle Eastern sovereign wealth funds, including Kuwait Investment Authority and institutional investors from the United Arab Emirates, have expressed keen interest in becoming cornerstone investors for ABC's IPO.

Before that, China's national pension fund has invested $2.2 billion and is the only strategic investor that the bank roped in before its IPO.

As a major lender specialized in serving the country's 800 million farmers and agricultural sector, ABC received tax cuts for its rural lending unit covering 561 county-level branches in eight provinces in May, a move that analysts expect could boost the lender's profitability by some 5 billion yuan.

Related readings:
ABC's IPO share price undecided Regulator to review ABC's IPO application 
ABC's IPO share price undecided ABC likely to issue 51.4m shares in IPO
ABC's IPO share price undecided Mideast sovereign funds eye AgBank IPO
ABC's IPO share price undecided ABC listing may be cleared in early June

The bank's chairman, Xiang Junbo, said in an earlier interview that the lender boasted huge potential for growth thanks to its extensive rural network, given that urbanization is going to be the country's main theme over the next 10 years.

Last year, ABC posted a net profit of 65 billion yuan, up 26.3 percent from a year earlier. The capital adequacy and bad-loan ratio stood at 10.07 percent and 2.91 percent respectively by the end of last year.

   Previous Page 1 2 Next Page  

Related News:

主站蜘蛛池模板: 团风县| 宜兴市| 吴江市| 景宁| 翼城县| 龙山县| 手游| 平遥县| 商城县| 营山县| 呼和浩特市| 搜索| 酒泉市| 汉沽区| 塘沽区| 陕西省| 久治县| 武威市| 原平市| 应用必备| 霍州市| 林芝县| 理塘县| 灵山县| 鹤山市| 梁山县| 镇江市| 讷河市| 山阴县| 富蕴县| 大邑县| 鹤峰县| 天台县| 镇安县| 秭归县| 九台市| 丹凤县| 平湖市| 宣化县| 德庆县| 辉南县|