Goldwind h-share price or below a-shares

With a paper approved by the CSRC, Goldwind became the first a+h stock company of the SME. It is reported that the issue price of the unit does not exceed HK $23.　　Yesterday, analysts also told The Morning Post reporter, Goldwind h-share price is lower than the current A-shares is a big probability event. A maximum of 1.2 billion dollars was raised yesterday, the first overseas public release of Goldwind on the Hong Kong Exchange Roadshow.　　According to the company's announcement, the current issue of the number of H shares does not exceed the issuance of the company's total share capital of 15%, issued no more than 455 million shares of foreign listed overseas shares, will give priority to cornerstone investors, strategic investors and institutional investors. It is reported that Goldwind will be published in Hong Kong on June 7, the proposed shares will be priced on June 11 and scheduled to be traded on the Hong Kong exchange on June 22.　　The price range for this issue is HK $19.8 to HK $23, and Goldwind's $1.2 billion trillion financing scale is second only to the size of the $2.24 billion trillion-dollar financing of RUSAL (UCRUSALLTD) in February, which is expected to become the next largest IPO in the Hong Kong market this year.　　According to reports, the issuing guidance price for the company in 2010 and 2011 expected earnings per share of earnings of 18.8-21.8 times and 14.7-17.1 times times respectively. The morning news reporter yesterday called Goldwind Technology, the Board of Directors office staff said that the matter is not yet known, the company has not clearly issued the date of issue, issue prices and raise funds related data.　　However, analysts believe that a 19.8 to 23 Hong Kong dollar price distribution is more reasonable. "We expect the price of the issue to be at HK $20, which is likely to be HK $ Fifteen-Six," he said. International capital market for the Enterprise Valuation Center in 2010 20 Times times and 2011 14 times times the level, compared to a-share overall valuation Center 2010 24 Times Times and 2011 19 times times, with a certain discount, we believe that the H-share issue price will be lower than a shares. "The price of 19.8 to HK $23 should be reasonable," said Shuai, an analyst at the National Gold Securities energy industry.　　Yesterday, Goldwind received 22.32 yuan and its share price fell 2.23%.　　Negotiation of a number of organizations to subscribe according to the Goldwind online prospectus, the company forecast a profit of not less than $2.235 billion this year, up from about 28% in 2009. It is reported that the Goldwind Hong Kong stock listing arrangements for the conduct of CICC, Citigroup and Credit Suisse Group.　　Goldwind said last September that the funds raised by the IPO would be used to expand overseas and build wind power plants. According to the news, Goldwind is negotiating the introduction of basic investors, including China Life and China Insurance, but the final candidate has not yet been finalized. However, it is reported that the Hong Kong New World Chairman Tung and the Tai Bao have been subscribed for $40 million for the road show yesterday.