Bank of Beijing IPO record: the freezing of funds 1.9 trillion.

<P>: Http:// News, the upcoming 19th of this month in Shanghai-listed Bank of Beijing said today's announcement, this issue price of A shares of 12.50 yuan per share, under the frozen amount of money online and 1.8959 trillion yuan, .IPO subscription money within the territory once again set a record. .</ P> <P> not the market expected the Bank of Beijing to issue price of the issue price of the upper limit of 12.50 yuan price range, according to 2006 before and after deduction of the lower non-recurring net profit or loss, divided by the time after the A Share Issue .total number of shares calculated, the price-earnings ratio of 36.38 times the corresponding. .</ P> <P> here considered the issue price of Bank of Beijing to issue 1.2 billion shares to 150 million yuan of funds raised to become the largest city commercial ever IPO. .</ P> <P> announcement that Bank of Beijing IPO, the underwriters received a total of 422 line subscription list, purchase the total amount of 36,225,700,000 shares, the total freezing of funds of about 453.6 billion yuan, most funds will be .subscription price hit 12.50 yuan, and the effective purchase price of the corresponding total 36,215,100,000 shares. .</ P> <P> the same time, are more active online subscription, purchase this online issue of the effective number of households is 122 thousand households, the effective purchase shares of about 115.4 billion shares, the freezing of funds totaling approximately 1.4423 trillion yuan, an online ballot .rate of 0.78%. .</ P> <P> end, Bank of Beijing to freeze funds online and 1.8959 trillion yuan, more than in June China Ocean (38.70,0.00,0.00%) IPO hit a record 1.629 trillion yuan, but also over the July .19, while Bank of Nanjing and Ningbo listed on the two banks to freeze the sum of 1.8565 trillion yuan of funds. .</ P> <P> the IPO of Bank of Beijing to start a call-back mechanism. .According to "notice issued under the net," published by the clawback mechanism, the initial in the online issue of 0.72802 percent success rate, less than 2%, also lower than under the net percentage of the initial placement, issuers and underwriters decided to start the call-back mechanism, .060 million shares (A share offering of this size 5%) of the stock the next time appropriated from the net line. .</ P> <P> after the implementation of the clawback mechanism, the final placement of this issue of structure, placing 300 million shares under the net, representing the scale of this issue for 25% of the remaining 9 million shares issued to the Internet, accounting for this release .75% of the scale. .</ P> <P> Bank of Beijing for the performance of the secondary market after the listing, SW Li Yamin analysts believe the Bank of Beijing's profitability and growth and middle reaches of joint-stock banks rather, its valuation will also be in the industry average .level, after the listing of Bank of Beijing is expected to fair market pricing in the 18.0 to 19.5 million, corresponding to 2008 was 4.0 to 4.4 times book value, price-earnings ratio of 27 to 29 times. .</ P>.