ICBC allotment of effective subscription funds 33.67 billion

ICBC 24th completed A shares rights, the effective subscription funds amounted to 33.674 billion yuan, the allocation of the participation rate of 99.72%, creating a A-share allotment rate of the historical record. Market analysts believe that the rights issue financing can support ICBC's business development over the next 3 years.　　ICBC is expected to be the end of 2010 risk-weighted assets (RWA) will reach about 7.14 trillion yuan, the financing of 45 billion yuan will enhance ICBC's core capital adequacy and capital adequacy ratio to 10.2% and 12.4% in 2010. In the first three quarters, ICBC achieved a net profit of 127.216 billion yuan, an increase of 27.22%. Investment bankers point out that ICBC's net interest income, intermediate business income has maintained a good, fast-growing momentum since the three quarter, with annual after-tax profit growth expected to surpass 27%.