ABC Strategic Placement subscription enthusiastically

China Securities News reporter learned that the ABC network under the first day of subscription, strategic placement subscription enthusiastically, not affected by the two days of weak market weakness.　　As at 4 o'clock in the afternoon 1st, the contribution of the strategic placing target has exceeded $30 billion. Sources close to ABC's release confirmed that AgBank has disclosed that it intends to allocate no more than 10,228,235,000 shares to the strategic placement, according to the 2.68 Yuan/unit test,　　The amount of strategic placements is no more than $27.412 billion, and as at 4 o'clock July 1, the amount of the strategic placements has exceeded $30 billion, as a proportion of placements will be adopted as a result of the subscription strategy. A strategic investor staff member said that its agency had received a notification of contributions to the Bank's strategic placements the day before yesterday and had paid full contributions 10 o'clock in the morning 1st. PM feedback from ABC Distribution Center has received strategic placements, but since the strategic placements have been oversubscribed, it will have to adopt a proportional placement.　　The agency is expected to buy 1 billion yuan in the stock of Agricultural Bank, now may only buy 7.8 billion yuan. The industry believes that AgBank is low priced, and in the next three years AgBank promises to distribute cash dividends to shareholders every year in accordance with the 35%-50% of net profits. Even if the stock price does not rise, also can ensure that at least 4% year yield, is a very good long-term stable income variety, if consider now the bank is undervalued, it is more investment value. (ren)