Urban Commercial Banks Issuing Shares In China

Urban commercial banks have seen a tremendous development during the past 20 years since the midst of 1990 s.Benefited from the bonus of the steer development of Chinese Economy,they have become a major force that supports regional economic development in China at the present stage via providing all-round services to regional economy,regional infrastructure constructions and medium-sized and small enterprises.However,commercial banks are facing unprecedented challenges after entering into a new era of a waning economic development in China.The development gap between individuals of urban commercial banks is gradually enlarging,impacted by such factors as the management of enterprise,business technology,background of shareholders and regional economic policies.After receiving fund from strategic investors,those faster-and-better developing commercial banks hope to bring about cross-regional management and enlarge their scale as soon as possible whereas those slow-developing commercial banks find it difficult to attract shareholders who are qualified as beneficial strategic investors in other areas and suffered heavily from insufficient fund.No matter for fast or slow developing commercial banks,it is a spontaneous option for them to enter the A-shares to expand their fund and attract more shareholders.Through entering the market,commercial banks are able to enhance their fund sufficiency rate,strengthen the inner-management of companies,and improve the structure of stock right.In addition,they are also enabled to boost their competitiveness in the rival between urban commercial banks,enlarge their range of services and partly enhance their influence to the market and from traditional profit mode to service oriented profit mode.In conclusion,common researches as to financial area believe that it is significant and profound for urban commercial banks to enter the market through which they can enhance the fund sufficiency rate,boost the development of service scale,improve the reform system of company management and perfect the structure of stock right.Hence,it is not only instructive but also pragmatic to conduct research on how urban commercial banks enter the A-shares and on how to provide the latest optimal policy and guidance beneficial to those urban commercial banks that are planning to enter the capital market.This paper studies the specific conditions of city commercial banks' pre disclosure period,analysis of the reality of commercial banks before going public and the listing of commercial banks should follow the regulatory requirements of different regulatory agencies;this paper expounds the key work and important project promotion stage of city commercial banks in the process of listing,By studying the specific provisions of the CBRC and the CSRC on the listing of banks,and the industry data,at the present stage the policy conditions and direction of city commercial banks' going public are listed;at the same time,this paper studies the technical points and technical difficulties of introducing strategic investors in the process of listing,and collects and analyzes the capital raising and pricing of city commercial banks.The paper uses a case study and a large number of public data,policy data collection,a variety of research means,such as comparative analysis,quantitative analysis and qualitative analysis of public data.This paper is divided into five chapters to study how city commercial banks go public: The first chapter is the introduction,which mainly expounds the background and significance of the research,and makes a summary of the research contents and Innovation and shortcomings of research.The second chapter analyzes and points out the main listing requirements and issuing conditions of the A stock listing in China by discussing the development process of China's urban commercial banks and the policy conditions related to the listing of the A shares in the city commercial banks.The third chapter focuses on the specific work that the city commercial banks need to focus on before the market,and focuses on the overall consideration and implementation plan of the replenishment and expansion of the supplementary capital before the listing of the city commercial banks,and calculates and studies the valuation of the stock price and the scale of the increase in capital,so as to do a good job of preparation for the city.The fourth chapter expounds the process of the listing of the whole city commercial bank on the basis of the research content of the third chapter,and refine and explain the listed elements of the A shares.The fifth chapter,after the completion of the declaration of listing,the focus of the introduction of the issue of the listing,the analysis of the listed city commercial banks,the key points and steps of the pricing of the listed companies are summarized.Finally,we summarize the research done in this paper and make some suggestions,summarize the shortcomings of the research and make prospects for the next research.