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Old 08-15-2011, 10:16 AM   #1
Bruce0p9y
 
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Default christian louboutin clearance

BEIJING, Feb. 11 -- China's Huatai Securities Co. christian louboutin clearance , Ltd. announced Thursday that its A-share IPO online lot winning rate tops 14.43 percent, a 12-year record high.

In a statement to Shanghai Stock Exchange, the east China's Nanjing-based brokerage said effective subscription reached 3,804.396 million shares with 187,453 effective subscription households.

The final circulation online hit 549.193 million shares, accounting for about 70 percent of the total circulation christian louboutin clearance , according to the statement.

Second to the China First Heavy Industries, which breaks the routine of issuing at upper limit, the issue price of Huatai stood at 20 yuan (2.93 U.S. dollars) per share, its lower limit, instead of the upper limit of 22 yuan or in the middle, according to the statement.

Huatai reported its price to earnings ratio (P/E ratio) to be 29.41 via the statement.

The final circulation offline, which ended Tuesday, is about 235.368 million shares. And the ratio for offline subscription is 23.82 percent, with over 15.1 billion yuan frozen.

Huatai expected to raise about 17.26 billion yuan at the IPO, and the money would be used to increase working capital and to expand financial derivative serviceschristian louboutin for women, Huatai said Monday.

The brokerage christian louboutin clearance , which had net assets of 14.1 billion yuan by the end of 2009, netted a profit of about 4.1 billion yuan last year christian louboutin clearance , and it expected return per share in 2010 to be about 0.9 yuan.
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