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: 日韩成全视频观看免费观看高清| 第一次h圆房细致前戏| 国产精品美女久久久久久久| 一本加勒比HEZYO无码人妻 | 最近中文字幕mv高清在线视频 | 日本夫妇交换456高清| 亚洲av无码乱码在线观看| 欧美精品无需播放器在线观看| 健身私教干了好几次| 精品国产乱码久久久久久1区2区| 国产乱子伦农村XXXX| 香蕉视频在线免费看| 国产激情自拍视频| 69av在线视频| 国精品无码一区二区三区在线蜜臀 | 久久99精品久久久久久齐齐| 晚上一个人看的www| 亚洲中文字幕无码专区| 欧美激欧美啪啪片sm| 人善交video欧美| 精品一区二区三区中文| 又硬又粗又长又爽免费看| 色多多在线观看| 国产三级在线视频播放线| 青青草97国产精品免费观看| 国产成人一区二区动漫精品 | 顶级欧美色妇xxxxx| 国产成人精品无码专区| 天天影视色香欲性综合网网站| 国产精品熟女一区二区| 67194成l人在线观看线路无码| 国内精品久久久久国产盗摄| 99久久精品免费看国产一区二区三区 | 欧美国产精品va在线观看| 亚洲日韩欧洲无码av夜夜摸 | 国产又粗又大又爽又黄| 黄页网站在线免费观看| 国产日产久久高清欧美一区| 色综合色综合久久综合频道| 国产激情з∠视频一区二区| 色综合天天综合中文网|