Background: China Everbright Bank has set the price range for its 20 billion yuan IPO. The price stands around 2.85 to 3.10 yuan per share. That's lower than expected, even after key investors including major state-owned firms pledged to buy the bulk of the shares. Full story >>
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Q1. Everbright Bank has set its IPO price range at 2.85 to 3.10 yuan per share. What do you think about this range?
Q2. The Agricultural Bank of China conducted its IPO last month. Compared with Agbank, what's the significance of Everbright Bank?