China South Car 1 billion guard plate

In the current market downturn, China Southern Car (601766) Large shareholder's huge overweight commitment to inject a strong heart needle in the market, the company's share price has risen sharply after the announcement. In Friday, China Southern Car announced that the major shareholder of China Southern Car Group in July 1 through the SSE trading system to increase the company's shares of 2 million shares, and intends to be in their own name or through concerted action to continue to timing through the SSE trading system to increase the company's shares,　　The cumulative increase in the proportion does not exceed the company has issued total shares of 2%, the total amount of investment not more than 1 billion yuan.　　At the same time, Seiko Steel also announced on the same day, as of July 1, the company's controlling shareholders accumulated increased holdings of 7.7393 million shares, accounting for the company has issued the total shares of 2%. Analysts pointed out that the huge increase in the plan reflects the big shareholder confidence in the listed companies.　　And the intervention of industrial capital is a signal at the bottom of the mid-market. In fact, although a shares have been falling for the third consecutive month, industrial Capital has seen a monthly net gain for two consecutive months. Statistics show that in June, large shareholders increased by 284 million shares, compared to May increase in 279 million shares, 4.8191 million shares, a slightly increased by 1.7%. Analysts pointed out that the market has fallen again recently, the spread of pessimism, however, with the China Southern car and other companies big shareholders to take up the banner, or will reproduce a new round of overweight.