Stock Given 'Recommend' Rating

The bank has abundant reserves and therefore enough flexibility to develop. However, it faces heavy pressures on its restricted shares, to be floated in September 2008. The company's stock has been given a 'Recommend' rating and its EPS is estimated at RMB 0.88 in 2008 and RMB 1.05 in 2009. Profit is also projected to increase.


Source: www.guoshen.com.cn

Date: 3 Jul 2008

CN01/BG/MZ/BT/MM