ABC A-share issue price 2.68 yuan lower than H-shares 0.10 yuan

A-share issue start callback mechanism, online purchase rate of 9.29%, online network under a total of frozen funds 480 billion securities Times reporter Jia Gong, according to the announcement of ABC today, a-share IPO price finally set to 2.68 yuan/share. As ABC's online issuance rate was higher than the initial placement ratio under the net, issuers and co-underwriters decided to start the callback mechanism by dialing 232 million shares back from the internet to the net.　　After the implementation of the callback mechanism, the final placing ratio of the net is 9.2926027%, and the online final check rate is 9.29260176%. According to the online distribution of the initial rate of calculation, the online release of the amount of frozen funds of 297.4 billion yuan. The announcement indicated that the preliminary inquiry provides the valid quotation the 81 inquiry object Management 214 placing objects all participates in the net to purchase, among them, 1 placing objects did not pay the subscription payment on time, the net purchase is invalid, 213 placing the object to pay the purchase payment in full, all for the valid purchase, the freezing capital amount is 182.9 billion yuan.　　Effective purchase of 213 placing objects, 40 placing objects due to the purchase price lower than the issue price 2.68 Yuan/shares failed to obtain the final placement, to meet the requirements of the placing of the target of 173, the total amount of effective purchase capital of 145.1 billion yuan. Agricultural Bank of the online distribution of the number of effective purchase of about 1.26 million households, the effective purchase of the number of shares up to 110.95 billion shares, the callback mechanism before the start of the online effective purchase of the total number of shares on the online initial distribution of the scale of 10.52 times times.　　On this basis, ABC and the joint principal underwriters decided to sell a shares of the initial distribution of a shares of 15%, that is, 3.335 billion shares, after the excess placement of a shares issued on the scale of 25.571 billion shares.　　It is also understood that the IPO price of ABC will be 3.2 Hong Kong dollars/shares, in accordance with the July 6 China Foreign Exchange trading Center announced the exchange rate of 1 Hong Kong dollar 0.87016 yuan, the equivalent of about 2.78 yuan/share, higher than a shares of 2.68 yuan/shares of the issue prices. If you consider the green shoe mechanism, according to the A-share ceiling price calculation, ABC This will be through a a-share issue financing of about 68.5 billion yuan (to July 6 exchange rate, about 10.1 billion U.S. dollars).　　If AgBank also executes the option to sell in Hong Kong, the total size of the $22.1 billion trillion in the 3.2 HKD/share issue price is likely to reach $21.9 billion trillion, the largest IPO in the world so far. For such a large IPO, many individual investors worry that AgBank will break after the IPO. Mr Cheung, the bank's president, said AgBank's plans for the sale, although larger in size, were listed in Hong Kong and the mainland, where more than half of the shares listed on the mainland were made through strategic placements and online distribution. Online public distribution, the total amount of money raised is not very large, the two-tier market should have sufficient support capacity. In addition, in the exercise of green shoes, underwriters in the A-share market will have about 9 billion yuan in the fund, baseThere is no possibility of a break.