YIBIN BANK
Listing Date | 2025/01/13 |
Listing Price | 2.590 |
- Subscription Rate0.21x
- Guarantee One Lot Size1 lot
- One Lot Success Rate100%
Listing Date | 2025/01/13 |
Listing Price | 2.590 |
Yibin City Commercial Bank Co., Ltd. incorporated in 2006, it is a city commercial bank in Yibin, Sichuan Province of China. The Group’s core business lines include corporate banking, retail banking and financial markets tailored to address the distinct financial needs of diverse customer groups.
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As of December 31, 2023, the Group was the largest bank in Yibin in terms of total assets, according to the NAFR Yibin Office, as well as the largest city commercial bank in Yibin and the second largest city commercial bank in Sichuan Province in terms of registered capital, according to the NAFR Sichuan Office.
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The Group’s retail banking business capitalizes on the rapidly expanding population and domestic market in Yibin. Through the implementation of a “comprehensive retail banking” concept, it has created an interconnected retail ecosystem that bridges retail, corporate, and financial market businesses, leveraging data on customer needs and preferences gathered from different services to deliver personalized financial products and services to local residents and individual business owners.
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As of December 13, 2024, the branch network of the Group’s Bank consisted of 40 facilities including 39 branches and sub-branches and one head office, covering Yibin and Neijiang.
Market | Hong Kong (Main Board) |
Business Nature | Banks |
Major Business Area | China |
Board Lot | 1000 |
No. of Offer Shares | 688.40M H shares |
No. of International Offer Shares | 673.86M H shares |
No. of HK Offer Shares | 14.54M H shares |
Offer Price | $2.59 - $2.72 |
Stock Code | 2596 |
Sponsor(s) | CCB International Capital Limited, ICBC International Capital Limited |
Underwriter(s) | CCB International Capital Limited, ICBC International Securities Limited, BOCI Asia Limited, CLSA Limited, Zhongtai International Securities Limited, CMBC Securities Company Limited, Maxa Capital Limited, Shenwan Hongyuan Securities (H.K.) Limited, CNI Securities Group Limited, Futu Securities International (Hong Kong) Limited |
Application Period | Dec 30 (Mon) - noon, Jan 08 (Wed) |
Price Determination Date | Jan 09 (Thu) |
Result Announcement Date | On or before Jan 10 (Fri) |
Result Announcement Date | On or before Jan 10 (Fri) |
Result Announcement Date | On or before Jan 13 (Mon) |
Dealings in Shares commence on | Jan 13, 2025. (Mon) |
Times of HK Offer Shares Subscription | 15X - 50X | 50X - 100X | Over 100X |
% of total shares reallocated to HK Offer | 30% | 40% | 50% |
Offer Price | $2.59 - $2.72 |
Capitalization | 11.88B - 12.48B |
NAV / share ($) | $2.56 - $2.58 (Unaudited pro forma adj NAV / share) |
Assuming the offer price being at HKD 2.65, the net proceeds raised would be HKD 1.75B, of which |
100% : Strengthen capital base to support the ongoing growth of business |
13/01/2025 16:08 |
{New Stock}YIBIN BANK(02596) ends up 0.77% at HK$2.61 |
13/01/2025 09:20 |
{New Stock}YIBIN BANK(02596) opens flat at HK$2.59 |
10/01/2025 18:35 |
{New Stock}YIBIN BANK(02596) ends down 1.93% on grey market |
10/01/2025 16:20 |
{New Stock}YIBIN BANK down 2.32% at HK$2.53 on grey market |
Prospectus | Chinese Version | English Version |
Remark: | The above information is referenced from the prospectus. |
All data is calculated from the non- exercise rights(if applicable). |
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