Green Shoes Escort Agency bullish debut

-Our correspondent Zhou Wenxian Sheng three Lian Yang for Everbright Bank login Exchange to create a better market environment, coupled with the green shoe mechanism and good performance expectations, brokerage researchers generally predicted that Everbright Bank's first day performance may not be as difficult as ABC, its debut in the SSE is highly likely to exceed expectations. A A-share third adopted the green shoe mechanism last weekend, after the success of Agricultural Bank of agriculture, only three days after Everbright banks will wear "green shoes". According to Everbright Bank's announcement, Everbright Bank's initial public offering also designed the "green shoe" mechanism.　　This also makes Everbright Bank after ICBC, Agricultural Bank, a a-share market, the third company adopt Green shoe mechanism. Everbright Bank announced that the initial issue size of 6.1 billion shares, Everbright Bank to participate in the online purchase of investors over 900 million shares, the total size reached 7 billion shares. Among them, the strategic distributors were allocated 3 billion shares, the net placing 1.55 billion shares, online distribution of 2.45 billion shares. The issue is the second in nearly three years after the Agricultural Bank to introduce a strategic placement of a shares IPO. Strategic placement from start-up to completion is only 7 days, the shortest time.　　Through the introduction of strategic placement of 30 strategic investors, strategic placement of 3 billion shares, the size of the green shoes before the issuance scale of nearly 50%, the number of strategic placements and the proportion of households are the highest. In addition, Everbright Bank said, if you do not consider "green shoes", the current issue of the total amount of funds will be 18.91 billion yuan, after deducting the issue fee, the issuance of funds to raise the net amount of 18.532 billion yuan. If the green shoes in full exercise, the total amount of fund-raising will reach 21.7 billion yuan.　　Its IPO scale will create a shares of joint-stock banks the highest, but also the 2010 a-share market's second largest IPO. The highest is expected to rise to 3.6 yuan and one months ago on the first day of Agricultural Bank of the general cautious attitude is different, after the index rose 3 consecutive trading days, the agency generally bullish on the first day of Everbright Bank performance. Most institutions believe that everbright will rise 5%-15% on the first day, the highest is expected to rise to 3.6 yuan.　　More optimists believe that the light of the General Assembly to replicate the initial trend of Citic Bank listing, continued to rise.　　Citic Securities believes that, because Everbright Bank IPO pricing for the ceiling, corresponding to the 2010 PB1.6 times, taking into account the company's financial situation to improve the obvious, after the listing is expected to reach the market joint-stock banks on average 1.8 times PB or slightly higher, the share price growth in the space of 5%-15%, the reasonable value Britain's major securities said that the China Everbright Bank's IPO to raise capital, the ratio will increase, the bank to resist the risk of upgrading the scale of business expansion. Valuation, according to the company's ranking in the listed banks, given 1.55 times times dynamic PB, corresponding to the share price of 2.95 yuan/share. Dynamic PE is about 12 times times, corresponding to the target price of 3.15 yuan.　　If given a two-tier market 10% premium, the first day of the listing price range will be 3.25-3.47 yuan. Northeast Securities said Everbright Bank valuation should be slightly lower than CITIC Bank (because its profitability is less than CITIC Bank), considering the current overall bankValuations have been slightly undervalued, and Everbright's long-term and reasonable valuations should be between 3.22-3.50 yuan and 11.5-12.5 times multiples of 2010. Everbright trend to affect the market, like ABC, Everbright Bank of the public attention.　　Analysts said the first day of Everbright is a guarantee that the outbreak of the market determines the short-term fluctuations, and even the institutional strategy analysts believe that Everbright Bank's listing may be about the medium-term trend of the market.　　Since Friday, the market has rebounded continuously for three days, especially in Monday, the increase in volume, making the market optimistic mood is high; however, in Tuesday the stock market continued to rise, but the intraday volatility intensified, and Sheng Tuesday the highest point of 2677.57 points, still lower than the 2,319 points since the rally 2,681 points. A strategy researcher says that in the short term, 2,680 points of gain and loss may be about the market for a period of time: if the short term can not effectively break the point, the current on the action can only be seen as a repeated race of a process, the later market will appear a large wave of adjustment; But if the market volume breakthrough 2,680 points this early stage platform, The late-rising space will be opened. and Wednesday Everbright Bank's trend may decide 2,680 points of gain and loss, if Everbright Bank performance exceed expectations, and lead the bank plate exerting force, then can expect the market will again welcome a rally; If Everbright's first-day performance is weak, the entire banking sector will be difficult to have as a short-term market surge is hopeless will be a