ABC to "Take Off your Shoes"

ABC's green shoe mechanism expires on August 15. Yesterday, Agricultural Bank in the issue price of more than 2.68 yuan within a penny struggle, launched the "Shoes Off" insurance campaign.　　On the plate, as of the close, there are still 8.77 million hands to keep ABC does not break, closing price of 2.68 yuan. The day before yesterday, the Agricultural bank fell 1.1%, once stepped on the price of 2.68 yuan, but the fund successfully protect the disk, the current 2.69 yuan.　　Yesterday, AgBank's share price has been hovering around 2.68 yuan, but at 2.69 Yuan, the success of the insurance. Public information indicates that ABC's "green Shoe" mechanism will expire on August 15. On the H-share side, July 29, ABC has already exercised the right to excess placements (i.e., ending the green shoe mechanism).　　The reason for the premature end of the "green shoe" is that institutional investors are thinking that AgBank's H shares are less likely to fall below their IPO price, the underwriters said. >> expert analysis "take off your shoes" after breaking the possibility of a big break, is not particularly important. "Guotai banking analyst Wu Yonggang said ABC fundamentals can support the current price, in the market performance of the premise of normal, agricultural bank even break, is a temporary phenomenon," may be relatively quick to regain, this is the fundamental decision. "Wu Yonggang also pointed out that from the fundamental analysis, after the listing of Agricultural Bank is the" new ABC "concept, can not look at the old," both management and business development, there are more obvious improvements. " We forecast a three-year net profit composite growth rate of 30%, performance growth is good. Southwest Securities and banking analyst Li Lichun said that from the current market trends, "green shoes" mechanism on the Agricultural Bank is not broken the decisive role. After the expiration of agricultural bank break pressure surge, break probability. However, this has a lot to do with market and bank stock.