Huaxia Bank 1.859 billion shares of Non-public offerings approved by the SFC

NetEase Finance February 16 News Huaxia Bank 16th issued a notice, said the SFC has approved the company's private 1.859 billion shares. According to the previous plan, Huaxia Bank This directional additional 1.859 billion shares, the issue price 11.17 yuan, raise capital not more than 20.8 billion yuan, after deducting the related expenses all uses to replenish the core capital.　　Among them, Shougang Corporation subscribe to 691 million shares, the State network assets to subscribe 653 million shares, Deutsche Bank Luxembourg subscribe 514 million shares. January 27, the Chinese bank released the results of the announcement, the company 2010 net profit compared with the same period a year earlier growth of more than 50%.　　For the reasons for the increase in performance, the company said it was because of the cost of capital, increased interest income, intermediate business income growth, resulting in a sharp rise in 2010 net profit. The unit 16th low open shocks, close closed, the report closed at 11.54 Yuan.