http://www.aktiencheck.de aktiencheck.de aktiencheck.de Sun, 19 Apr 2026 10:58:13 +0200 2 http://www.aktiencheck.de/forum/CITIC-157762-t279417 http://www.aktiencheck.de/forum/CITIC-157762-t279417 China CITIC +3% = 6,8, CITIC Bank pricing hits 2.9 times 2007 book value Katherine Ng Friday, March 30, 2007 China CITIC Bank, the corporate and retail banking unit of CITIC Group, has been priced at a range between 2.2 times and 2.9 times its 2007 book value, according to reports from its dual-listing sponsors. "The valuation was equivalent to the average current trading price-to- book value multiple of the H-share listed banks," Macquarie Bank, one of its sponsors, wrote in its report quoting a range between 2.62 times to 2.9 times. Sponsor Citigroup estimated the lender's 2007 valuation as ranging from 2.2 times to 2.9 times. The Beijing-based lender, which kicked off its pre-marketing activities Thursday, is expected to gain official approval of its A-share listing April 2 and will start its roadshow after the Easter holidays. The company plans to raise up to US$3 billion (HK$23.4 billion) from its combined A and H share sale, depending on the final indicative pri [<a href="http://www.aktiencheck.de/forum/CITIC-157762-t279417">mehr</a>]