China's medium-term build stocks futures fall through the first period City News _ _ _ Sina Sina Financial
Posted on May-31-2008· by china investor
— (A reporter Feng Meng) nearly three months after the suspension, China's medium-term (000,996) finally announced a resume trading news. However, such as this is not good news to China's medium-term initiative to withdraw a huge amount of additional non-public programme, the reason for this is that the new policy was the head-on blow.
Cheng Paoying additional programme
，公å¸äºŽä»Šå¹´2月29日公告称，拟增资收è´ä¸å›½å›½é™…期货和ä¸æœŸå˜‰åˆæœŸè´§ä¸¤å®¶ç»çºªæœ‰é™å…¬å¸ï¼Œå¹¶å¢žèµ„ä¸æœŸæœŸè´§æœ‰é™å…¬å¸ã€‚ China's medium-term former the company on February 29 announcement that the proposed acquisition of replenishment of the China International Futures and medium-term futures of two Ka brokers Limited, and replenishment of the medium-term futures Limited. Upon completion of the acquisition is expected that China will be holding mid-term international futures, a mid-chia, the medium-term futures three futures companies 90.83 percent, 94.97 percent and 99.40 percent stake, met the absolute majority shareholder status. March 17, shareholders through the issuance of the General Assembly votes programme.
However, after waiting for three months, China's medium-term notice that this aspiration has been to naught. Yesterday, the notice said China's medium-term, in view of this non-public offering programmes need to modify and market conditions have not yet mature, to study the decision to withdraw non-public offering this programme, the controlling shareholder of the Company and the guarantee from the date of the notice within three months not to non – To conduct a public offering consultations and discussions.
This distance from the SFC, "the main holding the same futures companies and the number of shares shall not be more than two," the new regulations only one week, it is learnt that the "one of a controlled Senate" from May 22 this year, the SFC issued "on the norms holding, Equity futures companies the provisions of the relevant issues ", which clearly stated that" the main holding the same futures companies and the number of shares shall not be more than two, holding the number of futures companies shall not be more than one; provisions since June 1 will go into effect. " The SFC said that the new regulations intended to prevent the holding futures companies, shareholders equity and futures companies and the associated risk of inter-company transfer, improper transfer of benefits.
Huan Shoushuai resume trading as high as 3.6 percent or 28.49%
Before the suspension, China's medium-term limit for three consecutive days Wuliang, the foresight of the funds is obviously gamble in the issuance of China's medium-term programme.
Yesterday morning, shares in the 58-day suspension for future trading resumed. Affected by this, China's medium-term Open Dieting is to close early.
But 13:08, two series of ultra-large 60,000 hand-Zaxiang Chinese medium-term, the amount of over 200 million yuan, from the mid-è·Œåœæ¿China will quickly pull to limit, buying the waves, and then drop shocks, to close at 18.21 Yuan, or 3.6 percent, the transaction volume of 597 million yuan, up 28.49 percent Huanshou Shuai.
National Securities analysts believe that China's medium-term trend is not optimistic, investors resumed the probability of a Budie great. A small number of analysts believe that additional withdrawal is not bad, its original strategy will not change, nor will we originally handed over their own futures companies to give way, do not rule out after three months the possibility of resuming the plan.
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