Sichuan Chengyu敲响了今日的A股大门

by whdxhw on 2009-07-15 11:55:14

The first large-cap stock after the IPO resumption, Sichuan Chengdu-Chongqing Expressway, will be issued online today. The company announced yesterday that the price range for this issuance would be RMB 3.25-3.6 yuan per share (corresponding to a P/E ratio of 18.06 to 20 times). Industry insiders believe that this price is relatively moderate and offers a certain discount compared to the secondary market price. As the first large-cap stock in the Shanghai Stock Exchange, its allotment rate should be slightly higher than the previous three SME board new shares. Investors are advised to apply...