ICBC completes a rights issue and opens for trading

NetEase Financial November 24 News ICBC announced today the final release of its a-share rights issue, and a duplicate today.　　Early in the morning, ICBC opened a fall, set to bid for a family of 176 million yuan, opened 180,000 hands to sell a single seal to stop the price of 4.42 yuan. The announcement shows that the share allotment rate is as high as 99.72%, that is, the number of effective subscription shares can be allocated a share of the total share of 99.72%. This means that the share rights issue was successful. The announcement shows that before the implementation of the rights issue, ICBC A-share shareholder total stock of 250.9 billion shares. According to ICBC before the announcement, according to the price of 2.99 yuan per share, to 10 shares placing 0.45 shares of the share allotment, which means that the ICBC A shares of the total number of shares can reach 11.29 billion.　　ICBC 2.99 yuan per share of the stock price than the November 10 a-share closing 4.74 yuan discount 36.92%, more than the November 10 closing price of the H-shares of 6.63 Hong Kong dollar discount to 47.36%, the strength of the discount is greater than BOC and CCB rights. According to the schedule, ICBC will be a duplicate today. On November 15, that is, ICBC shares on the equity registration day, ICBC stock in large single frequently buy pull the tail, the last close at 5 yuan, the stock price rose 6.84%.　　By contrast, the Shanghai-Shenzhen 300 index rose just 0.7%. ICBC suspension period, a A-share situation plummeted, bank shares are frequently led down, in addition, ICBC H shares during this period also showed a certain degree of decline.　　In this context, ICBC's performance today will become the focus of the market attention. At the same time, ICBC also issued a notice that the adjustment of ICBC transfer debt to share prices, that is, the adjustment of 4.2 yuan/unit adjusted to 4.16 yuan/share, the adjustment start date is November 26, 2010.