Everbright Bank IPO 30th launched

The bank intends to issue no more than 6.1 billion shares, August 10 began online purchase, is expected to be listed on 18th, "Caixin Net" (reporter Ma Yuan 30th from Beijing) Everbright Bank postponed two years of a-share IPO officially launched. The bank intends to issue no more than 6.1 billion shares, after the issuance of total equity not exceeding 39.535 billion shares.　　If the full exercise of the option of excess distribution (green shoes), then the issue does not exceed 7 billion shares, issued after the total share capital of not more than 40.435 billion shares.　　Everbright Bank 30th issued a letter of intent, the bank's preliminary inquiry for the August 2 to 5th, 6th announced the price range, 9th began to purchase the net, 10th began to purchase online, August 12 announced the offer price, is expected to be listed on the 18th. For the bank's a-share IPO pricing, Societe Generale Securities Bank analyst Wu Yu predicted that Everbright Bank's IPO price will be at 3 yuan-3.30 yuan/share; Southwest Securities and banking analyst Li Lichun that Everbright Bank can give 3 yuan/share prices; Guotai Bank analyst Wu Yonggang estimates that Everbright bank or press 2.8 yuan/　　Shares issued. Everbright Bank of this issue will be directed to strategic investors placements, the net to the inquiry object of the allocation and online funds purchase and distribution of the way of the combination.　　Among them, the strategic placement of not more than 3 billion shares, about the exercise of green shoes before the size of 49.2%, if the full exercise of green shoes, the strategic placement does not exceed the full exercise of green shoes issued after the size of 42.9%. In addition, Everbright Bank set up a callback mechanism, under the network issued in full subscription under the circumstances, if the online distribution of the initial success rate of less than 2% and below the net initial placement ratio, in the absence of online distribution final success rate than the net distribution of the final placement ratio under the premise, will be issued from the net to the online distribution of no more than the initial distribution of about 5% of the stock (no more than 305 million shares).　　Before the start of the mechanism, the network issued no more than 1.55 billion shares, online distribution of about 1.55 billion shares. Everbright Bank's a-share IPO application was approved by the CSRC in Monday (July 26). Everbright Bank said the fund-raising will be used to replenish capital.　　At the end of 2009, the bank had a capital adequacy ratio of 10.39% and a non-performing loan rate of 1.25%. According to the data disclosed by Everbright Bank, as at December 31, 2009, Everbright Bank in China has 483 branches, the total assets of 1.1977 trillion yuan, total loans of 649 billion yuan, total deposits of 807.7 billion yuan, total shareholder rights and interests of 48.1 billion yuan, the core capital adequacy ratio of 6.84%, The capital adequacy ratio is 10.39%. According to the total assets at the end of last year, Everbright Bank is China's sixth largest joint-stock commercial bank.