Our reporter Zhang Taixin reports from Beijing
China Industrial and Commercial Bank of China Today, it was disclosed that 28846.1 million shares of A-share strategic investors were listed and circulated from October 29. After the listing and circulation of these shares, strategic investors placed 2.8846.1 billion shares, and the number of A shares without restrictions increased to 1.206539 billion shares.
According to the approval of the China Securities Regulatory Commission, ICBC issued 13 billion A-shares to the public at the Shanghai Stock Exchange. After the full exercise of the A-share over allotment option, the final issuance scale was 14.95 billion shares, of which 5.769.22 billion shares were allocated to A-share strategic investors at a price of 3.12 yuan per share. 50% of the allocated shares of the placement object, i.e. 28846.1 billion shares, can be listed and circulated after 12 months of locking up from the listing date of the shares publicly issued to the public investors (i.e. October 27, 2006), and will be listed and circulated from October 29, 2007.
Sina statement: The content of this article is purely the author's personal view, only for investors' reference, and does not constitute investment advice. Investors operate accordingly at their own risk.
