ABC's "green shoe" to date will break it?.

<P> Experienced early "ups and downs", the Agricultural Bank of China (601288) also began to draw electrocardiogram, two days or so up and down in 2.70, "weaving", session also touched the issue price of 2.68 yuan. .To Friday, ABC's "green shoe" to date, and ABC will break it? </ P> <P> issue price of the tug of war </ P> <P> 7 15, ABC .A shares listed in Shanghai Stock Exchange. .To ensure a smooth initial distribution, the Agricultural Bank designed a "green shoe" mechanism. .July 16, July 19, the bank has repeatedly reached 2.68 yuan mark, it is the "green shoe" mechanism for the Agricultural Bank of China, "Paul issued" stay out of the nearly 90 billion in capital, 15 to 19 July .every day, paying 30 billion yuan hang 2.68 issue price, making the ABC for the first time, "Paul made" war scare. .July 29, even once up to 2.88 yuan, up 7%, reaching a market high, the bank first round, "Paul made a" successful. .</ P> <P> and all the way along with the subsequent fall in the ABC hit 2.68 yuan on Tuesday once again the red line. .The same day, ABC has been around 2.7 yuan price fluctuations in the central axis, and eventually reach the issue price of late. .And to yesterday, "zigzag competition" down the center of gravity again, the central axis of 2.69 yuan, 2.68 yuan's bottom line, the bank has been no turning back. .</ P> <P> 8 15, or Sunday, the ABC "green shoe" mechanism will expire, which means this Friday will be the Agricultural Bank of wearing "green shoe" deadline. .Take off the "green shoe", the issue price of 2.68 yuan can hold, will be the A-share market's biggest concern. .</ P> <P> break or drag on the broader market </ P> <P> break or not, the industry disagree. .</ P> <P> optimism that ABC is currently only about 10 times earnings, valuation is more reasonable. .In addition, ABC will be published semi-annual report by the end of August, with news that its first half net profit rose about 40%, the first four lines in the state. .Therefore, even if ABC took off his "green shoe" hit break, it can quickly recover the offering price. .</ P> <P> pessimist believes that the Agricultural Bank of China A share market performance has been less than ideal, despite the end of July in the H shares rose, led by 2.88 yuan once the touch, but was soon finished lower. .They believe that it is big money to support the market, the trend Shangqie not satisfactory, once the "shoes", the probability of very large break. .Some analysts even believe that, once the ABC break, may lead to the broader market fell. .</ P> <P> "Agricultural Bank of China IPO issue price because of market rumors that more than 3 million, leading to market valuation of bank stocks as a whole is expected to increase, so the performance of banking stocks outperform. But with the Agricultural Bank of China after the listing .the actual poor performance, which brought the whole valuation of the pressure plate, resulting in the cumulative number of pre-start gains in banking stocks callback. "One analyst said that if ABC break, will further suppress the banking sector's valuation and .enthusiasm for the market to do more, a negative impact on the broader market..