Everbright Bank price range is determined to 2.85 yuan-3.10 yuan

Beijing August 8 News reporter Kin reported today, Everbright Bank and the main underwriter according to the placement of the price of the object, fully consider a shares comparable companies and joint-stock banks average valuation level, the issue price range is determined to 2.85 yuan-3.10 yuan. The above price range corresponds to 1.47 times times-1.57 times times the forecast market net rate of 2010. Even if the final price is set at the interval limit, Everbright Bank's issue valuation level is higher than the two-tier market share-holding banks in 2010 average forecast of the net rate of more than 10% discount, and Everbright Bank in the A-share market, the most comparable Citic Bank, the release discount degree of nearly 20%. In addition, even if the above price range is capped at $3.10, the reasonable investment value range of 3.52 yuan-4.08 yuan which was given by the CICC Research Report of the main underwriter also exists about 14%-32% increase space.