5 billion shares lifted on the eve of the agency's changing from an outcast to a darling

"We are not going to take the initiative to sell ABC, and this is part of the period."　　"October 14, a fund manager in Shanghai, said to reporters.　　Since the listing in slightly more than the issue price of 2.70 Yuan line repeatedly scramble for Agricultural Bank (601288.SH), the end of September, the beginning of October out of the mountain car market. September 15 fell below the 2-month-old offering price, all the way down to 2.52 yuan.　　National day before the last session, the Agricultural Bank was suddenly with a 3.16% increase in force, after that is to borrow the current round of rapid recovery of the price of 2.68 yuan "lost".　　From the outcast to the Darling, ABC's geomantic rotation.　　October 15, the Agricultural Bank under the net placement of 5.032 billion shares released, a large number of institutions involved in the choice of profit will also become suspense. "AgBank's valuations are not the highest in all banks," he said. From the PE point of view, that is, medium bias. At the same time it has the concept of financial services and network advantages.　　"14th, Everbright Baode Credit Advantages of the allocation of equity-type Securities Investment fund manager Gao Honghua to reporters.　　The lifting of the agricultural bank lifted today's lifting of the Agricultural bank has 5.032 billion shares, according to the October 14 closing price of 2.79 yuan, the lifting of the market value of more than 14 billion yuan All of the above lifted shares are held by the participating agencies under the network and the lock-up period is 3 months.　　The lifting agencies include funds, insurance, brokerage accounts and finance companies. Among them, the most is the China Offshore oil Finance Limited liability company's proprietary account, a total of 446 million shares, accounting for the total capital of the Agricultural Bank 0.15%, the market value of up to 1.244 billion yuan.　　The company is among the tenth largest shareholder of ABC.　　In the public offering fund, the richest share of the exchange has 111.5 million shares, with a market value of $311 million.　　October 14, the ban on the eve of the Agricultural Bank of Agriculture rose 2.95%, volume than the days before the big amplification, turnover rate of 12.88%, have hit the highest value since the rally.　　From the data provided by the great wisdom, AgBank's contribution to the Shanghai Composite index reached 3.6 points, after PetroChina (601857.SH) and ICBC (601398.SH). "The 15th lifting of the agricultural Bank will not cause a great impact on the market." Because the impetus for this round of gains is not banking stocks, but the concept of renminbi appreciation and inflation.　　14th, Huang Coujun Securities senior strategy analyst, said to reporters.　　The fund manager of a Shanghai fund company, which was interviewed, made it clear that AgBank's overall valuation is reasonable and "we will not sell it on our own initiative".　　In its view, the banking sector is facing valuation repair, and many banks are currently a shares and H shares upside down, "the banking sector is very attractive to capital." October 14, the Agricultural Bank H-Shares (1288.HK) closed to 4.06 Hong Kong dollar, slightly up 0.5%. The Hong Kong dollar on the same day "1 Hong Kong dollar = 0.8575 yuan" calculation, the price of its HK $For a-share price, there are still nearly one-fourth discount. In fact, as one of the two biggest lifting of the October, China Shenhua (601088).　　SH large shareholder Shenhua Group held 14.5 billion shares lifted on 11th, did not impact on its market trend, lifted the day the shares rose 6.32%. "The current price is not very high relative to its IPO value. Public offering funds do not really make money in the Agricultural Bank, and now the huge amount of money began to flow to bank stocks, for the release of the institutions, the lifting power is not very large.　　"14th after the plate, a private equity fund in Zhejiang Province, said reporters.　　Taking positions in Agricultural Bank of the largest exchange add rich equilibrium as an example, its investment in agricultural Bank of the yield is only 4.1%, profit only about 12 million yuan.　　Institutional attitude reversed nearly one months, to the last trading day before the watershed, the Agricultural bank from the break to the institutional funds sought after, encounter ice fire twofold days.　　September 15-29th in the 8 trading days, the Agricultural bank's range fell by 5.95%, the stock price also fell below 2.68 yuan of the issue prices.　　But then, in the current round of market rebound, the Agricultural Bank launched a Jedi counterattack, the 6-day rise of 10.68%.　　From the capital flow, agricultural Bank in the last six trading days, the net inflow of funds in the banking sector top of the list. "From the banking sector, the entire banking sector faces a return on valuations, and AgBank is just one of them," he said.　　Gao Honghua to reporters. In its view, as the market continues to be good, "small stocks, innovation-type stocks relative to the Shanghai and Shenzhen 300 valuation deviation More and more high, the whole market face style transformation." "It cannot be said that banking stocks are a good factor in pushing the market forward, and that the valuation advantages of bank stocks are beginning to show up in the good process."　　The fund manager of a Shanghai fund company told reporters.　　On the other hand, rumours of "national team" backing ABC are also circulating. "For a long time, ABC has been falling to the issue price near the huge amount of pay to hold, do not rule out the position of the national team in the issue price."　　"The head of a private equity fund in Zhejiang said.　　In fact, Huijin has recently completed an increase in the number of other large state-owned companies. October 12, CCB (601939.　　SH) issued a notice that as of October 8, its controlling shareholder Huijin company to the bank's overweight plan has been implemented. The same day, ICBC, Bank of China (601988.SH) also issued similar announcements. At this point, Huijin last year decided to increase their holdings of workers, China and the construction of three major shares of the plan formally announced the completion.