Home>News Center>China
       
 

China Construction Bank makes flat HK debut
By Lillian Lau (China Daily)
Updated: 2005-10-28 05:48

HONG KONG: The mainland's third-largest bank China Construction Bank (CCB) made a flat trading debut yesterday with its share price ending at HK$2.35 (30 US cents), unchanged.

The mainland's third-largest bank China Construction Bank (CCB) made a flat trading debut yesterday with its share price ending at HK$2.35 (30 US cents), unchanged.
Guo Shuqing, chairman of China Construction Bank Corporation (CCB), toasts during the debut of CCB at the Hong Kong Stocks Exchange October 27, 2005. [Reuters]

The sluggish market environment sweeping Hong Kong has been blamed for the lack-lustre performance of the lender, which raised US$8 billion in its initial public offering (IPO) last week, the world's largest in the past four years.

The stock, one of the most active stocks on the Hong Kong fund market, rose by 1.06 per cent from HK$2.35 to HK$2.375 at midday, but slipped down to the starting price later.

A total of 3.367 billion shares changed hands, involving HK$8.58 billion (US$110 million).

CCB's shares were up roughly 1 per cent in the grey market before they started trading on the Hong Kong Stock Exchange yesterday.

"October is traditionally off season for Hong Kong's stock market," said Andrew To, executive director at Tai Fook Securities, adding that this partly explains CCB's sluggish debut.

The Hang Seng Index has lost 6.7 per cent so far this month.

Additionally, CCB's IPO price is a little bit high for shareholders to make a quick sale of shares.

"If it was priced around HK$2.23, the situation would be better," said To.
Page: 12



Chicken vaccinated in Xiangtai
Lien Chan visits Wolong giant panda research center
Traffic accident kills 5, injures 31 in Chongqing
  Today's Top News     Top China News
 

Hunan girl's death 'not linked to bird flu outbreak'

 

   
 

Tax threshold set at 1,600 yuan

 

   
 

Translate words into action, Vatican urged

 

   
 

China Construction Bank makes flat HK debut

 

   
 

'Red Capitalist' passes away at 89

 

   
 

Wronged man receives compensation

 

   
  Hu: China a 'good neighbour' of ASEAN
   
  Tyco, employees donate to support the disadvantaged
   
  Environment agency blacklisted
   
  Thirteen on trial for human smuggling
   
  Migratory birds pose most serious flu danger
   
  Invading alien rampant across 1/3 of mainland
   
 
  Go to Another Section  
 
 
  Story Tools  
   
  News Talk  
  It is time to prepare for Beijing - 2008  
Advertisement
         
主站蜘蛛池模板: 国产一卡二卡≡卡四卡免费乱码| 宅男噜噜噜66网站| 亚洲国产精品日韩专区av| 精品人妻av无码一区二区三区| 国产成人片无码视频在线观看| 91免费视频网| 天天操天天摸天天爽| 中国大臿蕉香蕉大视频| 日本精品啪啪一区二区三区| 亚洲人成综合在线播放| 污污的软件下载| 免费一级特黄特色大片在线| 美女扒开胸罩让男生吃乳 | 国产黄色片在线播放| √天堂中文官网在线| 成人午夜亚洲精品无码网站| 久久99精品国产一区二区三区| 日韩三级免费看| 久草视频在线免费| 欧洲美熟女乱又伦av影片| 亚洲国产精品一区二区第四页| 欧美金发大战黑人wideo| 亚洲综合国产一区二区三区| 真精华布衣3d1234正版图2020/015| 午夜视频免费看| 综合久久99久久99播放| 国产gaysexchina男同menxnxx | 99在线精品免费视频| 女性一级全黄生活片在线播放| 一级视频免费观看| 成人午夜看片在线观看| 中文字幕在第10页线观看| 无码日韩精品一区二区三区免费| 在线欧美视频免费观看国产| 国产九九视频在线观看| 高清不卡毛片免费观看| 国产成人精品免费视频大全办公室| 色综合a怡红院怡红院首页| 国产精品k频道在线看| 在线私拍国产福利精品| 国产精品女在线观看|