Tsingtao Beer CWB118 was listed on the first day of trading at 2.451 yuan
http://www.sina.com.cn 21:12, April 17, 2008 Sina Finance
Sina Finance News Tsingtao Beer (600600) On the 17th, the announcement on the opening reference price of its warrants on the first day of listing was released. The convertible corporate bonds issued by Tsingtao Brewery Co., Ltd. on April 2, 2008, with 1.5 billion yuan of warrants and bonds separately traded, were separated into corporate bonds and warrants on April 11, 2008. The warrants will be listed on the Shanghai Stock Exchange from April 18, 2008.
The transaction code of Tsingtao Beer CWB1 is 580021, the initial exercise price is 28.32 yuan/share, the exercise ratio is 2:1, the number of listed shares is 105 million, the duration is from April 18, 2008 to October 19, 2009, and the exercise period is from October 13, 2009 to the trading day of October 19, 2009 (the trading of warrants is stopped during the exercise period).
The opening reference price of Tsingtao Beer CWB1 on the first day was 2.451 yuan/share, the ceiling price on the first day was 3.882 yuan/share, and the ceiling price on the first day was 1.020 yuan/share. According to the practice of listing new warrants, Tsingtao Beer CWB1 is expected to seal the limit price for the first two days of listing.
