PetroChina A shares will be 24 on the 37.7 billion intended to raise funds.

<P>: Http:// hearing, the Commission's announcement that September 24 will hold its 135 th issue of the work of the Audit Committee meeting starting PetroChina audit matters. .</ P> <P> PetroChina A shares in an initial public offering prospectus said it would issue no more than 40 million shares of A shares, the total share capital after the release of not more than 183,020,977,818 shares. .</ P> <P> A shares of China Petroleum and disclosure of fund-raising plan, 37.77 billion yuan to invest in five projects, CITIC, UBS, China International Capital Co-underwriting A shares of China Petroleum and starting. .</ P> <P> PetroChina issued H shares and American Depositary Shares on the April 6, 2000 and April 7 in New York Stock Exchange Limited and Hong Kong Stock Exchange listing. .</ P> <P> China Petroleum on November 5, 1999 at the China National Petroleum Group Co., Ltd. established in the reorganization process. .In the restructuring, the company injected to the Chinese oil exploration and production, refining and marketing, chemicals and natural gas business of most of the assets and liabilities. .</ P> <P> PetroChina IPO to raise funds to be 37.7 billion </ P> <P> PetroChina (0857.HK, PTR.NYSE) large-cap stocks will be released in September drew a heavyweight periods and exclamation point. .According to the SFC website announced yesterday the first issue of A shares prospectus draft report, China's oil will be no more than 40 million shares issued A shares, 37.77 billion yuan of funds to be raised (RMB) investment in five major projects in Changqing Oilfield. .PetroChina A shares issued will be issued on Monday the trial will be. .</ P> <P> As of June 30, assets totaled 879.47 billion yuan of PetroChina, asset liability ratio of 28.6%, 0.42 yuan per share, fully diluted net assets was 13%. .China's oil profits in the first half of this year amounted to 106.29 billion yuan, a net increase in cash and cash equivalents at 23.21 billion yuan. .</ P> <P> 9 月 monthly stock market is expected to exceed the first half of the amount of money raised shows that the market regulators to increase supply to alleviate the imbalance between market supply and demand determination. .Regulatory authorities, a person said on Monday the release of oil into China, "green channel" as soon as possible through the program. .Wind information, according to statistics, the first half of the A shares to raise funds totaling 123.32 billion yuan, and in September the amount of money raised has been completed only reached 82.33 billion yuan, while China Shenhua is expected to raise funds conservatively estimated 500 billion. .</ P> <P> 9 月 issue of large-cap stocks are expected to take hundreds of billions of funds raised. .At the same time, the strong rise in Shanghai and Shenzhen, the Shanghai index hit a new high yesterday's 5482.43 points. .This is the price of oil to China can be described as positive. .</ P> <P> optimistic analysts expect earnings of PetroChina may release 30 times. .Click here to estimate, China will exceed hundreds of billions of oil to raise funds, is expected to become the largest A-share issue. .Chinese oil company underwriter analyst said yesterday: "There is no doubt that China will become the A shares of the oil return to super-heavyweight, is we must be configured. Although oil in the A share market in China is not a business may be similar .PE reference, but the China Petrochemical (17.62, -0.28, -1.56%) (600028.SH), China Oilfield Services Limited (601808.SH) and distribution of the current price-earnings ratio price-earnings ratio of static, China A share issue of oil price-earnings ratio of 30 there .times more likely. "It is reported that COSL is 33 times the earnings release, expected on Sept. 28 listing. .</ P> <P> in the territory of the three oil giants, the China Petroleum and the first to enter overseas capital markets, in April 2000 in the New York Stock Exchange and the Hong Kong Stock Exchange. .China's total share capital of 179.02 billion oil shares, 88.21% held by CNPC, the offering of 40 million shares of PetroChina A shares will account for the total share capital after the release of 2.18%. .</ P> <P> been frequently despite the recent "Warren" Warren Buffett's holdings, but oil is still strong in China, the share price is at record highs period. .September 19 PetroChina on the NYSE closing price of $ 155.67 yesterday, its H shares closed at 12.38 Hong Kong dollars. .July 13, its H shares has Mogao 12.60 Hong Kong dollars, the highest price since listing. .</ P> <P> the recent trend of strong crude oil prices, are at historic highs. ."This is a good oil to China. But if the oil price formation mechanism is not radical reform as soon as possible, also compressed margins for oil in China." The analyst said. .</ P> <P> It is reported that PetroChina A shares of the investment proceeds of the offering include: approximately 6.84 billion for crude oil production capacity of Changqing Oilfield Construction; about 5.93 billion yuan for the construction of Daqing crude oil production capacity; about 1.5 billion .Crude oil production for the Jidong Oilfield Construction; about 175 billion for imported Dushanzi petrochemical processing sour crude oil refining and ethylene on transformation projects; about 60 billion yuan to 120 million tons in Daqing Petrochemical / a ethylene expansion project. .</ P>.