AgBank's price range is likely to be around 3%

Agricultural Bank today will announce price range, ABC from July 1 to July 6 under the net purchase, July 6 online funds purchase, experts predict the rate may be around 3%. The IPO process has been fast moving forward following the launch of the much-watched ABC IPOs on June 9.　　The reporter learned that the A-share preliminary inquiry also ended on June 23, according to close to the issue of agricultural Bank of the relevant sources, ABC's A-share preliminary inquiry results show that agbank a A-share network to obtain 16 times times subscription, the number of purchase more than 70 billion shares, by the agency's enthusiastic pursuit. It is reported that the price center reached 2.70 yuan, corresponding to the 2010 City of Agricultural Bank net rate (PB) about 1.6 times times. At present ICBC and CCB 2010 PB are more than 1.8 times times, this level of valuation relative to ICBC and CCB about 10% of the discount.　　The quote center is only the reference factor for ABC to finalize the price range, and later today the SFC website will be able to see the price range, June 29 officially announced the preliminary inquiry results and price interval bulletin. ABC from July 1 to July 6 under the net purchase, July 6 online funds purchase. For investors who are ready to "hit new shares", the rate of checking is the most concerned issue. Public information shows that since 2010, the issuance of new shares, online issuance of the average rate of 0.92%, the Shanghai stock release of the online check rate of 2.99%.　　The other four major commercial banks in the first online check rate is as follows: ICBC is 3.28%; Bank of China is 1.94%; Construction Bank is 2.47%. For this, industry experts judged that the online check rate of agricultural bank may be around 3%, the data show, the work, China, construction, the first day of trading on the average value of 32.96%, 10th to 37.57%, can be expected to invest in agricultural Bank of new shares will be the same as other four large commercial banks at a higher level, AgBank is expected to bring higher short-term gains to investors involved in the IPO.