www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

   

Bank of Beijing to issue 1.2b A shares in IPO

(Xinhua)
Updated: 2007-08-26 17:13

BEIJING -- Bank of Beijing would become the third Chinese city-level commercial bank to go public following Bank of Nanjing and Bank of Ningbo, as the regulator said it would meet next Monday to discuss the initial public offering (IPO) application of the lender.

The bank plans to issue 1.2 billion A shares on the Shanghai Stock Exchange, it said in the draft prospectus submitted to the China Securities Regulatory Commission (CSRC) for approval.

The yuan-denominated shares would account for 19.27 percent of its enlarged capital after Shanghai listing, and the shares of the lender were valued at 1.96 yuan per share before going public.

The bank did not reveal how much it aimed to raise from the IPO, however, earlier reports said it hoped to raise about 13 billion yuan (1.7 billion U.S. dollars) on the domestic equity market.

It said the raised fund would be used to boost its capital adequacy ratio and its capabilities of risk control and profit making.

The lender said it would launch an H-share IPO "at an appropriate time" after its A-share listing. The detailed plan of Hong Kong listing, including the pricing and timing, is yet to be approved by its shareholders, according to the prospectus.

Bank of Beijing reported a net profit of 550 million yuan (72.4 million U.S. dollars) in the first quarter this year with its assets totaled 263.98 billion yuan (34.7 billion U.S. dollars) by the end of March, and its capital adequacy ratio stood at 13.23 percent and non-performing loan ratio at 3.34 percent.

The Dutch banking and insurance group ING holds a 19.9 percent stake in the bank as the largest shareholder. The International Financial Corporation holds a five percent stake as the fourth-largest shareholder.

Established in 1996, the bank currently has a registered capital of 5.03 billion yuan (661.8 million U.S. dollars).

The CSRC has allowed two city commercial banks, namely Bank of Nanjing and Bank of Ningbo, to list shares on the Shanghai bourse in July, which raised a combined 11.07 billion yuan (1.46 billion U.S. dollars).

Other city commercial banks, including Bank of Shanghai, Bank of Tianjin, Hangzhou City Commercial Bank and Bank of Chongqing, also announced plans to raise funds by going public. There are 114 small city commercial banks in operation in China.



Related Stories  
Top China News  
Today's Top News  
Most Commented/Read Stories in 48 Hours
主站蜘蛛池模板: 亚洲m男在线中文字幕 | 一级待一黄aaa大片在线还看 | 国内久久久久影院精品 | 蜜臀91精品国产高清在线观看 | 久久国产a | 国产精品久久久久久福利漫画 | 一级片欧美 | 97精品国产福利一区二区三区 | 日本特级淫片免费 | 日产一区两区三区 | 青青草福利视频 | 免费看v片网站 | 国产一区二区三区在线看 | 日本在线观看免费视频网址 | 高清国产一级精品毛片基地 | 久久无码av三级 | 亚洲高清中文字幕一区二区三区 | 亚洲国产综合人成综合网站00 | 欧美久久视频 | 97精品国产综合久久久久久欧美 | 一级黄片一级毛片 | 看日本真人一一级特黄毛片 | 国产成人精品综合久久久 | 精品理论片一区二区三区 | 99精品视频在线观看免费播放 | 性做久久久久久免费观看 | 欧美国产一区二区 | 成年人视频网站免费 | 在线观看免费国产成人软件 | 美女一丝不佳一级毛片香蕉 | 国产性较精品视频免费 | 成人国产精品一级毛片视频 | 久久久精品国产 | 91国内在线 | 九九99久麻豆精品视传媒 | 成人18视频在线观看 | 国产精品三级a三级三级午夜 | 国产a一级 | 亚洲第一视频网站 | 久久最新视频 | 人禽毛片|