Listing of banks grew by nearly intersection: there will be no state funding of the free lunch?.

<P> 2006 年 6 1st, China's second largest bank - the Bank of China listed in Hong Kong. .This is the second in the overseas listing of Chinese state-owned commercial banks. .Bank of China 30 Hong Kong Public Offer published details of the Placing Shares, each successful applicant will be issued H shares at least one hand, the city will focus on the Bank of China on June 1 debut performance. .That state-owned banks high above the threshold? .Soon, you may become their shareholders, as the prices of their own hands constantly fight to the cost of bank card the right to speak. .Since last year filled the entire banking industry mergers and acquisitions, market throbbing, after the Bank of China listed in Hong Kong to climax. .But it is a series of banks listed on the latest in the operation only. .Bank of China, Construction Bank, Huaxia Bank, Bank of Beijing last year have found their foreign investors, in 2006 just the past six months, ICBC is completed involving 3.58 billion U.S. dollars acquisition .case. .Following the Bank of Communications, China Construction Bank and Bank of China listed in Hong Kong, China Industrial and Commercial Bank, China Merchants Bank, Industrial Bank, CITIC Bank and Nanjing City Commercial Bank plans listing in this year's list. .It is difficult to say banks eager to Joy and sorrow are listed. .JP Morgan Managing Director and Chairman of China Equities Jing (Jing Ulrich), told reporters that some time in the future, mainland banks in Hong Kong will become the first choice for overseas listing. .There are many reasons, such as Hong Kong has a large flow of funds, and help absorb international investments. .Ulrich stressed that mainland banks listed in Hong Kong is not a zero-sum game, does not make any party interests. .In contrast, Hong Kong, the Mainland will be two markets are well developed, especially in China has begun to relax capital controls case. .Even in the A share market, she also full of confidence: China has sufficient funds. .In April, deposits of domestic banks totaled RMB 28.9 trillion, the equivalent point last year, six times GDP. .If one percent of them can enter the stock market, the equivalent of two hundred eighty-nine billion of new capital into the stock market. .I believe that the market shares of banks listed enough to withstand the pressure of the broader market. .While most people believe themselves to benefit from the banks to be listed, but the industry that this was a mixed feelings in the process. .Some analysts warned that last year, less than half of domestic commercial banks, eight percent capital adequacy ratio, and the continued involvement of the banks all types of fraud and scandal, which made them question the ability to prevent risks. .In fact, it is forced domestic banks to be listed. .JP Morgan served as the Asia-Pacific managing director of investment banking, said Liang Meng, increased competition after accession to the WTO, will force companies committed to improving the competitiveness of its core business. .Thus, with the end of WTO transition period, before and after the completion of the 2006 market, strengthening the capital priority for many banks. .There will be no more state funding for free lunches, the bank will be independent of the face of various risks. .These investors will pay for bank risk after listing, analysts told reporters that, though the bank is the state of a country's typical economic growth, while growth among China's economy has been in, but you totally can not predict the future of their shares. .(Zyw) </ P>.