ICBC Low opening 2% Goldman Sachs placements after reduction of expectations or dilution

Source: Internet
Author: User
Keywords Bank Hong Kong dollar
Tags bank shares close closing closing price compared discount exchange media
The ICBC, which has foreign media reports that it intends to acquire a stake in the Thai ACL bank, reported a slight decline in the price of its shares earlier this morning, with a low opening of 2.15% to 5 Hong Kong dollars, the loss of other Chinese bank shares and 38.72 million shares, while ICBC's shares (601398-CN) now Rose 1.33%. To 4.56 Yuan. According to sources, Goldman Sachs in Monday after the close of the Hong Kong stock exchange of 3.03 billion shares of ICBC, a share price of 4.8-4.9 Hong Kong dollar, compared with the closing price of Monday 5.11 Hong Kong dollar discount of 4% to 6%, set now about HK $14.847 billion. Goldman Sachs promised earlier that it would not sell 80% of its holdings by April 28, 2010, and that the placements accounted for about 18.4% per cent of its holdings and that the remainder of the surplus could be reduced to less than expected.
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