20 stocks fell below the premium this year

Li Na Liu Xinglong July 14, Poly Real Estate in the last year to complete the non-public release of the directional issuance of shares lifted. This is not good news for a fund that already has a one-year stake in its restricted stock, because they still have a long way to go to get the price of chips in their hands. Public information shows that Poly Real estate in a year ago at 24.12 Yuan/share price, to 8 specific investors in the private issue of nearly 332 million shares. As of yesterday, the closing price of Poly Real Estate only 11.31 yuan/share.　　Even during this period, Poly Real Estate launched 10 shares to 3 shares to send 1 yuan dividend scheme, but this can not reverse the reality of the Fund quilt. The issue of additional, especially directed additional, has been institutional investors of the sweet cakes. This year, however, as the market has fallen sharply, the number of shares falling below the additional price has gradually increased, the original "pie" has become a "trap".　　Statistics show that this year, the implementation of additional shares, the current 20 only below the additional price, so that institutional investors overall formation of 1.438 billion yuan on the book floating losses. Twists China Ping ' an strategic investment in the late June the grand drama of a has finally settled, but it is not only the integration of two companies, but also the huge loss of assets, that has troubled China's peace. Deep development A's issue price is 18.26 yuan, and before the suspension of the stock prices for 17.51 yuan, the two difference of 0.75 yuan, that is, the deep development of the completion of the additional issue of the break.　　According to the number of shares in China Ping An subscription, its participation in the issuance of the book loss as high as 285 million yuan. Similar to the deep development A, this year, the implementation of additional shares, break phenomenon is not uncommon.　　Statistics show that this year, a total of 72 shares implemented directional additional, as of July 13, after the closing price of the right to calculate, there have been 20 stocks below the additional prices, accounting for up to 27.78%, nearly 30% of the level. However, due to the different ways of subscription, the break to the investors involved in the issue is not the same impact. Among them, the Hebei Iron and Steel, the state electric power, Shanghai Construction and Crown power of the major shareholders and related parties to the Non-cash assets to subscribe, therefore, break does not involve the loss of funds.　　The other 16 stocks, all have institutional investors to participate in the subscription, and all the cash subscription, raising assets of 18.732 billion yuan, according to the closing price after July 13, the total floating loss amount of 1.438 billion yuan, floating deficit ratio of 7.68%. Nanshan aluminum industry in March to 8 institutional investors non-public offering 283.44 million shares, the issue price of 8.82 yuan/share, raise funds for 2.5 billion yuan. As of July 13, Nanshan Aluminum after the right to the closing price of only 7.93 yuan, 8 institutional investors, the total floating losses amounted to 253 million yuan.　　Among them, according to the release report information disclosed by Nanshan Aluminum, Citic Securities subscribed for the largest number of shares, for 60 million shares, the current floating deficit of up to 53.4 million yuan. In addition to China Ping An and Nanshan aluminum industry, there are 4 of the stock of institutions floating losses more than 100 million yuan. Among them, Shanghai Electric, Ningbo Huaxiang to the institutional investors to raise funds 2221 million yuan and 872 million yuan.　　As of July 13, the losses were 117 million yuan and 118 million yuan respectively. From the break range, some of the stock break range is not large, such as the Sino-Chinese, Sichuan run shares and new middle base, such as break ratio is less than 5%. However, the group and other shares of the current break ratio is relatively high, more than 20%.　　As a result of these break stocks are targeted additional, the issue of the lock-up period of more than one year, the lifting date at least after February 2011, which makes institutional investors bear the loss of the book at the same time, had to continue to withstand the baptism of market shocks. Pharmaceutical biological industry not only break stock number, its break ratio is also very high. Statistics show that this year a total of 7 medical units to implement additional, in addition to Shanghai medicine and diving medical prices than the current price, all other break, break accounted for up to 71.43%. Tian Kang biology is the highest break ratio of the pharmaceutical unit, April 19, its major shareholders and institutional investors to implement directional additional, the issue price of 21.37 yuan, according to the closing price of July 13, the current break range as high as 29.29%. In addition, Fosun Medicine and the group's current break margin are also more than 10%.