Foreign reports said AgBank had a minimum price of 1.905 yuan

According to foreign reports, the afternoon of June 9, close to the bank underwriters CICC's brokerage revealed that ABC morning has been smooth, PB required a minimum of 1.5 times times, to the disclosure of Agricultural Bank of 2009 per share of net assets of 1.27 yuan calculation,　　ABC's IPO price is at least 1.905 yuan, the IPO price is lower than the previous general expectations, the size of the listing unchanged. ABC will soon enter the inquiry and pricing phase after its adoption of the Commission. According to the regulations of the SFC, the inquiry is divided into preliminary inquiry and cumulative bid inquiry.　　The issuer and the principal underwriter determine the issue price range through a preliminary inquiry and determine the issue price within the distribution price range through the cumulative bid inquiry.　　Following the first a-H principle, Agricultural Bank will accept the Hong Kong Stock Exchange's listing hearing tomorrow and, in full preparation, may pass the hearing at once. Authorities close to AgBank said AgBank's shares were scheduled to go on sale on July 15 and the H-share issue was scheduled to go on sale on July 16.