Tuesday, January 25, 2011

can replenish its affiliated capital

That such information, boc deputy governor zhou load group leads a team to circ communication, strives for the relevant policy support. It turned out that large state-owned commercial Banks issued convertible bonds for insurance agency opens up a new investment channel, also enlarged the convertible bonds investment subject. The CBRC also gave the corresponding policy support. The CBRC regulation, as long as the boc convertible bonds on the terms have some constraint condition.

June 7, the bank officially released the result of convertible bonds. Online and offline oversubscribed close to 53 times, online ZhongQianLv and off-line allotment compared to just 1.89%; Convertible bonds off-line effectively explain buy pen number reaches 1569 pen, off-line subscription amount close to 1.7 trillion yuan.

Many game

In 2010, June 18 boc 400 million yuan a-share listing for trading of convertible bonds after half month, the bank of the board of directors announced the 600 billion yuan A + H share allotment of financing options. According to every 10 shares placement not more than 1.1 strands of proportion to the entire stock-holders a-shares and h-share matchs same proportions.

However, due to the special equity structure, central huijin company committed to hold more than 70 percent of the total quantities stock, which hold a-share stock represent all the a-share 96% of shares. Therefore, "along the way, with big shareholders good communication is very important." WuJianGuang regrets.

In bank reported share allotment scheme after two days, namely on July 5th, huijin issued announcement, has provided by cash to bank shares subscribed its share allotment of commitment.

So, the bank financing for market pressure again greatly decreased. In 600 billion yuan of financing rights, among which the a-share market 420 billion yuan, H share market 180 billion yuan in a-shares have 415 million yuan by the controlling shareholders huijin company subscription, in a-share market only open to raise funds 15 billion yuan.

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