ABC vice President Pan said the prospectus is being strained, but did not disclose the date of the release Nie Wei Agricultural Bank (hereinafter referred to as "ABC") is accelerating the sprint listing. Pan, vice president of the listed Bank of Agriculture, told the first financial daily yesterday that the prospectus was being strained and "will be out soon". However, Gongsheng did not disclose the specific date of ABC's prospectus. According to people familiar with the matter, the bank's head office is working overtime to prepare relevant materials for the prospectus. In Tuesday, ICBC (601398.SH, hereinafter referred to as "ICBC") in the headquarters of the Academic Report Hall held the 2009 annual shareholder meeting, ABC board office representatives sitting in the back of the whole audit. "ABC is really in a hurry to go public," the people who attended the meeting of the ICBC shareholders joked. On the same day, ABC held its headquarters in the General Assembly of analysts to explore the market recognition of Agricultural Bank. This newspaper from close to the regulatory department to learn that the SFC will convene the Ministry of Agriculture in the first instance of the Agricultural bank, and then according to the specific circumstances to determine the date of the trial. There are rumors that ABC will be in the first instance tomorrow, if it goes well, it may be on Friday. Yesterday, Gongsheng victory to accept this newspaper to confirm this rumor. In 2004, the first report to the stock reform program, from the 6 years ago. The four major state-owned commercial banks, ICBC, Bank of China, Construction Bank has been listed for many years, but the Agricultural bank alone. Many in the industry interviewed by this newspaper expected that the Agricultural bank through the issuing trial will be very likely, the main test is that the current capital market situation is not ideal. In short, AgBank faces the challenge of choosing a price and time two: the capital market is not good, the price is relatively low, waiting for the market to be good, time is uncertain. "To wait, I do not know when the market will be good, uncertainty too big." Li Yongsen, a professor at the Institute of Finance and Securities at Renmin University, said AgBank was ready to go on the market for years and soon. There have been rumours that AgBank is set to price twice times the market's net rate. Many market participants said that the current market of listed banks is mostly less than twice times the net rate, Agricultural bank if this price will be high. However, the unnamed analysts said that the "three rural" business is ABC's selling point. With the development of urbanization, county economy will make great progress, as the Agricultural Bank of "three rural" business, this is not a burden of opportunity, to twice times the city net rate is not expensive. (journalist Lu Yuan contributed to this article)
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