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    The Bank Of Agriculture Has Risen More Than 3%&Nbsp All Day, The Biggest Single Day Gain Since Listing.

    2010/10/1 10:43:00 184

    Agricultural Bank Increase


       Agricultural Bank After breaking down in September 16th, it continued to fall, forming a pattern of 7 consecutive ups and down. However, there were rumors yesterday that the Agricultural Bank has submitted a report to the central bank to apply for a reduction in the deposit reserve ratio of sub branches below the county level. Stimulated by the news, the stock left the declining trend all day. Gain More than 3%, the biggest one-day gain since the launch.


    It is reported that the application of the Agricultural Bank of China will set the deposit reserve ratio of more than 2000 sub County branches according to the three rural businesses and the degree of local poverty and the extent of the disaster. The most impoverished and most severely affected areas may be reduced to 11%, while the general poverty level will be adjusted to 15%. The central bank has been demonstrating the plan. Relevant business people said that the report is being applied, and the deposit reserve ratio will be "in line with the implementation of Rural Credit Cooperatives".


    Some securities analysts believe that the uplink space of ABC still depends on the performance of the postganglionic plate.

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