AgBank's resumption of IPO

Source: Internet
Author: User
"Green shoes" protection over half of the period, yesterday, the Agricultural Bank A shares (601288.SH) back to touch the issue price 2.68 yuan.  Recently, the stock has continued to fall, its downturn has been back to the early listing of the "Break battle." Agricultural Bank has not touched the IPO price after 3rd, after a breakthrough in late July hit a high of 2.88 yuan, since August, a wave lower, and now back to the price nearby. Compared to other big market stocks, the Agricultural Bank performance slightly stronger, yesterday closed to 2.69 yuan, fell 1.1%, in the four state-owned bank shares in the smallest decline, but the stock run to win the main reason is to touch the bottom line of huge buying. Yesterday, the Agricultural Bank A-share turnover of 1.365 billion yuan, and close the purchase price of 2.68 Yuan piled up nearly tens of millions of hands of the oversized bill, the amount of money to pay about 2.5 billion yuan, is nearly twice times the daily turnover.  Analysts believe that, relative to the current level of selling, "green shoes" pay very strong, so the agricultural Bank a short period below the possibility of offering a price, around the price of a narrow range of the probability of shock. The one-month "green shoe" period has passed 19 trading days and expires in late August. For the future trend of agricultural Bank, compared with similar banking stocks, the researchers have no small differences.  Because this year is the peak of the bank's huge financing and refinancing, most of the researchers think that the trend of AgBank may be in sync with the big city, it is difficult to surpass the market significantly. In addition, the first time since AgBank's a-share listing appeared on the bulk trading platform, with a closing price of 2.69 yuan in 513,500 shares.  The exchange information shows that the buyer is Citic Securities Beijing North Third Ring Road Business Department, the sale is the National Union Securities Wuxi Front East Street Sales department, the two sales offices are more active hot money seats, Citic Securities Beijing North Third Ring Road sales department yesterday also appeared in the country Yangxin and Baotou iron and steel rare earths trading seats. The bank's H-shares (1288.HK) also rocked downward this month, but its share price was still stronger than a-shares, close to HK $3.4 yesterday, at a distance of HK $3.2, and about 10% per cent discount rate on H-shares. From the information of the stock exchange of Hong Kong, some investment banks have been reducing their holdings over the past 3.4 Hong Kong dollars, but they are still keeping institutional investors in control of a lot of chips.

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