Huijin has paid the BOC A shares allotment high subscribe no suspense

Source: Internet
Author: User
Keywords BOC Huijin has
Click to view the latest market Huijin has paid the BOC A shares high subscription no suspense ⊙ reporter Zhou Peng peak 0 editor Yenjian suspended 5 trading days, BOC A shares allotment payment ended yesterday.  However, because of the holding shareholder Huijin to participate in the full proportion of the commitment to subscribe, BOC shares a share allotment is different from other companies, its high subscription ratio is no suspense. BOC related people to the newspaper reporter said, a share rights subscription should be good, because the holding shareholder Huijin accounted for the shares of the Bank of 96.4%, and pledged to participate in full subscription, Huijin has also paid.  At the same time, other institutions also have a good subscription, but the specific subscription data are still to be counted and will be announced tonight to subscribe the results. BOC not more than 60 billion of the A+h shares issued October 28 officially launched, including a shares allotment date of November 3, 4th, 5th, 8th, 9th, according to the bank's share capital structure, assuming that the original shareholders in full subscription, the BOC rights issue from a-share market to raise funds of about 42 billion yuan,  The H-share market raised 18 billion yuan.  As the BOC A-share market large shareholder Huijin Company's shareholding ratio of 96.4%, and Huijin Company pledged in July 2010 full subscription, subscription amount of about 40.5 billion yuan, so the bank of a share rights to other public shareholders of the financing amount of only 1.5 billion yuan, on the market funds face less impact.  BOC last confirmed a share allotment price of 2.36 yuan/shares equivalent to the Bank of a trading day before the October 28 A-share close of 3.55 yuan of 66.48%, the discount ratio of 33.52%, compared to the prior to the suspension of 3.6 yuan/shares of the closing discount margin rose to 34.44%.  About 30% of the discount is a share allotment common discount margin, before the offer discount margin is 30%, investors have a certain appeal, investors participate in the allotment ratio is generally very high. According to statistics, the implementation of a rights issue in the bank shares, Societe Generale bank share rights participation rate of 99.3%, China Merchants Bank A shares rights 98.6%, the Bank of communications A shares rights 97.84%.  And the bank A-share ownership structure has no high concentration, there is no similar to Huijin's controlling shareholder pledged to subscribe in full proportion.  BOC will release the shares this evening, but the share allotment cycle is longer than a shares and is expected to be announced next week, due to the process of equity swap. CCB's share rights payment will also end on 11th.  Unlike BOC, Huijin holds a shares of CCB only accounted for 0.06% of the shares of the bank, therefore, the construction Bank a share rights than the Bank of the pressure.  According to the management measures of listed companies ' securities issuance, in a share market, the holding shareholder does not fulfill the commitment to share the shares, or the expiration date of the sale period, the original shareholder's subscription stock does not reach 70% of the intended placing amount, the issuer shall repay the subscribed shareholder with the price of the IPO and the As a result, CCB shares a share allotment of more than the original shareholder subscription ratio if less than 70% of the risk of failure, butOn the allotment of several banks to the high subscription ratio, the construction Bank a share rights of the success does not seem to be suspense.
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