ABC Price set to 2.52 yuan/share-2.68 yuan/share

ABC 28th Evening said, according to the initial inquiry and comprehensive consideration of the issuer's fundamental, comparable to the company valuation level and market environment factors, the Agricultural Bank to determine the price range of the issue is RMB 2.52/shares-2.68 yuan/share (with upper and lower limit). Yesterday morning when the two cities opened low, showing low shock posture, Prev fall 2,550 points this support. Gem, the media sector led the decline, financial, real estate and other weight plates have been vulnerable to rest. In the afternoon, the bank shares to pull up the action, but Maki, coal, real estate, the smaller plates block shares decline to expand, the two cities once again into a weak vibration finishing pattern.　　In addition to bank shares of the weight of the collective weak performance of the market volume to create a recent low. "The amount of" low, "blood pumping" effect appeared in AgBank's A-share underwriter Guotai estimated, the ABC purchase rate or around 3%. If the ceiling of the issuance interval can reach 3 yuan/share, then the online funds to purchase the scale will reach 1.05 trillion yuan, more than ICBC frozen 650 billion yuan scale.　　According to its prospectus, ABC will start on July 1, the net purchase, July 6 online purchase, July 7 to determine the issue price, July 8 published announcement results. Over the weekend, the Shanghai stock can already appear two consecutive trading days of more than 50 billion yuan pattern, is nearly 1.5 of the amount of land. Analysis of the industry, in the Agricultural Bank's IPO price is not completely positioned before, the amount of "push-ups" in the "ups" fluctuations in the reasonable, this waiting although very helpless, but also expressed the voice of the two-tier market investors.　　The wait will continue until ABC's issue is priced out. At present, it is certain that, including Chou, Tai Bao, peace and other large insurance companies for the Agricultural Bank of the value of the affirmation, or to take into account the comprehensive impact of the channel, are basically determined to be a large single purchase of agricultural Bank of new shares.　　During the period when ABC is ready to go public, institutions will have a blood-pumping effect on the market to raise money. Short-term pressure release potential focus on macro-well-known private equity small Li Fei knife that the Agricultural bank listed in the short-term level will cause a certain psychological pressure, however, the successful listing of Agricultural Bank, will not have a fundamental change in the market adjustment, the trend of the market mainly depends on the macro-economic trend, at present, the economy will be two times to dip, The European debt crisis is the main influence factor, and the financial factor is secondary.　　In addition, the ABC price in 3 yuan is reasonable, because at present is very moment, the economic situation is still unclear, the market trend is not good, can only be issued at low prices. Professor Guo Tianyong, director of the China Banking Research Center at the Central University of Finance and Economics, also said AgBank's 1.6 to 1.8 times times PB pricing range was relatively reasonable.　　When the bank shares issue, the city net rate is low, can form a space for own future development, is good to the capital market development, the price high will appear the short-lived situation. Nanfang Daily reporter Jiashomin Intern Li Yuwen