Research On The Related Affairs Of Listing Way Of State-owned Commercial Bank

Four state-owned commercial banks, including Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, China Construction Bank, are principal part of banking in China. Along with the deadline to open financial industry, state-owned commercial banks are still in hot water. Stock system reforming and listing in market are imperative under the situation. There are many ways to be listed in market for corporations, such as issue for public distributions, reverse take over, Whole corporation or a subsidiary company of a corporation is listed in the stock market etc. Different ways to list in market have different characteristics and are suitable for different corporations. Look at the fulfillment of financial corporations in China, all above ways have been used.Research on the ways to be listed in market for four state-owned commercial banks concentrate on the affairs: "whole corporation is listed in market" or " a subsidiary company of a corporation is listed in the market" . How to be listed in market depends on many factors be hedged with qualification besides government policy. It will be influenced by stock market conditions(including scale of stock market, requires to be listed in market, supervision and so on) ; rules of law and supervision(major in the management of division of occupation and supervision on associate trade etc.), and it's own conditions of the bank.. The strict requirements for the rate of capital sufficiency and bad assets make the state-owned banks have to evaluate the feasibility for the whole corporation to be listed in market.Four state-owned business banks come through same course of developing and reform. Due to different developing stratagem and difference in reform, four banks have different capital conditions, assets qualities, payoff abilities. According to "Every bank has it's own stratagems" , the ways to be listed in market for four banks are different. Bank of China: the whole corporation strypped -down, set up stock company, then the whole corporation will be listed in market; China Construction Bank: separate, restructure, set up stock company, then a subsidiary company of corporation will be listed on the stock market. Consider all conditions, the writer thinks that ICBC and ABC will be more suitable to be listed in market by separation. ICBC can fulfill it by RTO and ABC can separate restructure and then list a suitable subsidiary company.