AgBank A-Share network under the purchase magnification of nearly twice times

The author Han Tingting July 6 for ABC online purchase last day.　　A person close to the issue said AgBank's "magnification" of the online subscription is likely to be close to twice times the maximum.　　According to the "First financial daily" from a number of insurance companies, fund companies and other institutional investors understand that, taking into account the time cost of capital, institutional investors generally in the last day of payment subscription.　　These investors in the purchase of Agricultural Bank, have chosen the initial inquiry when the "effective offer" corresponding to the number of the proposed purchase of twice times the amount of the amount of the CSRC, the quantity limit stipulated by the China Securities Regulatory Commission.　　A number of institutional investors on the basis of preliminary inquiry, but also enlarge the purchase multiples, actively participate in the network under the cumulative bid inquiry, to improve the limit. At the same time, today is also the ABC's H-Share international placements and the Hong Kong public offering part of the cut-off date.　　In the International Placements section, AgBank received a total of 10 times oversubscribed multiples, so that yesterday's market rumors that AgBank had to end the order one day ahead of schedule. According to the distribution arrangements, tomorrow ABC will determine the number of strategic placements, the number of excess placements, the number of online network and the number of online distribution, and SSE and China Registration and clearing company Shanghai Branch will complete the online purchase of capital verification and assignment.